Pushpank Kaushik, CEO, Jassper
The Indian logistics sector, which accounts for 14.4% of the GDP, is experiencing a transformative change due to its shift to digital in the post-pandemic era. Innovation has been the primary key to managing demand and supply chains. Businesses that dealt with the pandemic's lingering effects in 2022, encountered fresh challenges, and re-evaluated their long-term success strategies. As a result, the way they handle logistics and transportation underwent a significant shift. Today, the warehousing, transportation, and logistics sectors are highly automated and efficient thanks to technology. The growth of the logistics sector is reflected in global indices, such as India scoring 90.3% in the United UNESCAP's Global Survey on Digital and Sustainable Trade Facilitation in 2021, a remarkable increase from the score of 78.5% it had attained in 2019.