How E-commerce Logistics Is Transforming The Auto Industry

A recent Deloitte report pegged the Indian logistics industry as one of the fastest growing express industry globally. Growing at a CAGR of 15% over the past five years, it is estimated to be worth INR 22,000 cr in FY17.With the e-commerce boom and the rise of a number of high profile companies, it will be surprising to note that this sector makes up only 5% of the entire market at present. However, it is this tiny chunk of the market that is drawing the other segments into a sort of revolution. The largest chunk of the logistics market is the burgeoning automotive and…