Blitz Bureau
NEW DELHI: India’s logistics sector, valued at $215 billion in 2021, is well-positioned for strong growth with an expected compound annual growth rate (CAGR) of 10.7 per cent till 2026, Government data showed on August 16. The Government’s decision to grant the sector infrastructure status has enabled access to cheaper, long-term funding, similar to roads and railways, further solidifying its significant role in the growth story of India.
Several government initiatives like the National Logistics Policy (NLP), PM GatiShakti, GST and logistics parks are modernising infrastructure and cutting costs. “The sector employs over 22 million people and is creating millions of new jobs. Inland Waterways reported a record cargo of 145.5 million tonnes for 2024–25. Digitalisation and tech platforms like ULIP are boosting efficiency and transparency across supply chains,” according to the official data.
India stands as the fourth-largest economy in the world. Different sectors, including the service, manufacturing, and agriculture, led India’s strong recovery after the pandemic in 2021 and 2022, resulting in 15.3 per cent growth over the two years. India has since maintained its status as the world’s fastest-growing major economy, with a real GDP growth rate (at constant prices) of 6.5 per cent in the year 2024-2025.
Stronger supply chains today mean a stronger, more resilient India tomorrow. The government’s push for infrastructure development and digitalization has further accelerated growth, establishing India as a key logistics hub in Asia.
