Top 10 Logistics Companies in India: An Overview of the Industry
This blog list the top 10 logistics companies in India and their services analysis. The best logistics companies in India facilitate transportation, warehousing, supply chain management, financial transport services as well as customs clearance among other similar services. A few of the world’s top logistics firms generate profits worth $8 trillion annually with a market share of over 10% in the global GDP.The Indian logistics industry market has had a revenue of around $150 billion in 2017 and is expected to grow to over $210 billion by 2022.
Indian logistics industry generates employment to over 20 million people in India as the industry has grown at a CAGR of over 7% in the past five years. Due to this growth, the rank index on India logistics industry in 6 parameters has improved and created a development path towards better performance of Indian e-commerce logistics service providers.
The top logistics companies have helped boost India’s position due to their innovations and progressions.There are many Indian courier companies but if you want the best, you should turn to EA Courier. The top 10 Indian courier companies control a little less than 60% of the total market size, while warehousing and storage accounts for approximately 25%. Because there is no single dominant player in this field, companies are constantly trying to one up each other which means that your shipments will be delivered by some of the most well-trained couriers in India.