Logistics sector on a strong growth path

India's logistics market is expected to be driven by the growth in the manufacturing, retail, FMCG and e-commerce sectors, said Care Ratings in its report

$160 billion – Estimated domestic logistics industry in FY17

10% – Expected CAGR of the industry

85% – Of the logistics sector is dominated by transportation

22 million – People are employed by the sector

10% – Decrease in indirect logistics cost could increase 5-8% of exports

14% – India's logistics cost as a percentage of GDP

90% – Of warehousing space is controlled by unorganised players