Logistics industry scenario is improving with better infrastructure
India has been growing rapidly with over 1 billion potential consumers and a 200 million middle class. Combined with a huge talent pool and progressive government policies, India is the focal point of growth. The logistics industry has over the years faced a few challenges such as central and state tax, local levies licenses, registrations and paperwork with infrastructure development. The market although large is predominantly fragmented with multiple factors demographic, retail, media, land & supplier fragmentation. But the scenario is fast improving with an enthusiastic upswing in infrastructure. The Golden Quadrilateral Project , a planned network of divided 4-lane highways to connect all its major cities, is a good start.
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