Logistics sector on Move for $1.2 Trillion by 2035

News: India’s logistics sector is projected to nearly triple to $1.2 trillion by 2035, driven by infrastructure investment, government reforms, and rapid formalization, according to Omniscience Capital’s report India’s Logistics:

Powering a $10 Trillion Economy. Public infrastructure spending is set to rise from 3.1% of GDP in 2025 to 5% by 2030, supported by initiatives like PM Gati Shakti, the National Infrastructure Pipeline, and the National Logistics Policy.

Strategic projects, including dedicated freight corridors and the India-Middle East-Europe Economic Corridor, aim to reduce transit times and costs.

Digitalization and GST are formalizing the fragmented industry, with up to 60% expected to be organized by 2035. Enhanced efficiency and investment will strengthen the sector as a key driver of India’s $10 trillion economy.