Logistics Market - An Overview
The logistics is the backbone of the global economy, connecting businesses, consumers, and nations through
efficient movement and distribution of goods and services. Its continued development and optimization are
essential for fostering economic growth, trade, and sustainable development worldwide. The global logistics
market size was accounted for USD 9.7 trillion in 2024 and it is expected to be worth around USD 15.9 trillion by
2032 with a noteworthy CAGR of 6.4% from 2024 to 2032.
India being one of the fastest growing economies in the world has a great potential for growth in every sector.
India's transportation and logistics industry is set to play a pivotal role in supporting the country's ambitious
growth aspirations to reach a staggering US$26 trillion by FY 2048. The India Freight and Logistics Market size
is estimated at USD 317.26 billion in 2024, and is expected to reach USD 484.43 billion by 2029, growing at a
CAGR of 8.83% during the forecast period (2024-2029). The logistics sector in India is predicted to account for
14.4% of the GDP
The Government has launched substantial infrastructure
development projects such as PM Gati Shakti, the National
Logistics Policy, Logistics Efficiency Enhancement Programme
(LEEP), development of Dedicated Freight Corridors (DFCs),
Bharatmala Pariyojana, Sagarmala Programme, formulation of
the National Rail Plan (NRP), National Infrastructure Pipeline
and Jal Marg Vikas Project with a specific focus on
strengthening the logistics sector. These initiatives are viewed
by the industry as crucial steps towards positioning India as a
central hub for manufacturing. Also, the Government increased
the capital investment outlay to Rs 11 lakh crore during the
recent Interim budget 2024, to build infrastructure and
strengthen India's position in the global supply chain.
Logistics 2025
As you are aware, the logistics industry plays a vital role in the growth of any sector and has a direct impact on efficiency of business. In India, logistics sector is in an evolving phase with newer technology being introduced to improve on efficiency and help in reduction of costs.
Considering the vital role the logistics industry plays in growth of the country, Confederation of Indian Industry (CII), has been organising an exclusive event on logistics since the year 1997. The 13th edition of "Logistics 2025" - India's Premier and focused show offering end to end solutions in the Logistics Industry is scheduled from 20 - 22 February 2025, at Pragati Maidan, New Delhi.
Logistics 2025 will be a concurrent event along with 26th International Engineering and Technology Fair 2023 (IETF 2025), a premier biannual event of CII since the year 1975.
Logistics 2025 will be an ideal platform for companies involved in Logistics, Supply Chain, Transportation, Shipping & Port, Material Handling, Warehousing & Storage Equipment, Consultancy and IT related business to showcase on their products & service, latest trends and Technologies to the industry and to strengthen their brand awareness to the stakeholders.
Logistics 2025 would attract the end users from the Automotive, Manufacturing, Retail, FMCG, Pharmaceutical and other sectors.
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