Indian logistics sector has seen annual growth rates of approximately 15% over the last few years, which is expected to continue growing at a rapid pace.

• Generally, the logistics sector grows at 1.5x times the GDP and India is set to be the fastest growing economy among major world economies
• As part of Budget 2022-23, an enhanced outlay of ₹2.24 lakh crore for Ministry of Road Transport and Highways has been provided
• By March 2022, 8,500 kms of road projects will be awarded and an additional 11,000 kms of national highway corridors will be completed
• The National Highways network will be expanded by 25,000 km in FY23. ₹20,000 crore will be mobilized through innovative ways of financing to complement the public resources
• Contracts for implementation of Multimodal Logistics Parks at four locations through the PPP mode will be awarded in FY23
• 100 PM GatiShakti Cargo Terminals for multimodal logistics facilities will be developed during the next three years.
• Implementation of GST, which will lead to supply chain decisions on the basis of cost efficiency, will positively affect the sector
• E-commerce sector is growing at a rate of over 60% a year and logistics is an integral part of e-commerce businesses
• Currently, the logistics expenditure of e-commerce companies stands at around 10% and the sector is expected to grow along with the e-commerce sector

This smallcase consists of companies that will gain from the boost in growth of the logistics sector.