A recent report of ICRA states that the Indian logistics sector is projected to record a growth of 7-9% in the current fiscal; however, the industry players' margins are likely to remain sensitive to risks like the rise in oil and commodity prices amid the Russia-Ukraine conflict.
Continuous growth in e-commerce, D2C business, the government’s focus on Make in India, and development of roads, warehouses, ports, dedicated transport hubs etc, augur well for India’s Logistics Industry. Adding to the growth is the National Logistics Policy, increase in export volumes, and more connectivity between manufacturing centres and markets.
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