Saturday, 10 October 2026, 06:25:33 PM
India’s Logistics Sector Targets $600 Billion by FY32, Says DPIIT Official
India’s logistics sector is projected to reach $600 billion by 2031–32, while logistics costs are estimated at around 8% of the country’s gross domestic product (GDP), according to an official from the Department for Promotion of Industry and Internal Trade (DPIIT).

India’s Logistics Sector Targets $600 Billion by FY32, Says DPIIT Official

The projection highlights the growing importance of logistics in supporting India’s manufacturing, exports and overall economic expansion. Efficient transportation, warehousing and supply chain management are increasingly critical as the country seeks to strengthen its position in global trade.     India has been investing in infrastructure development to improve freight movement and reduce logistics bottlenecks. Initiatives such as the PM Gati Shakti National Master Plan, the National Logistics Policy, dedicated freight corridors, multimodal logistics parks and port modernisation projects are aimed at improving connectivity and operational efficiency.     Reducing logistics costs remains a key priority for improving the competitiveness of Indian exporters. Better integration of road, rail, coastal shipping and inland waterways can help lower transportation expenses, reduce transit times and improve cargo handling efficiency.     The expansion of digital logistics systems, greater use of data-driven operations and improved warehousing infrastructure are also expected to support sectoral growth. These improvements could help businesses manage inventory more effectively and strengthen supply chain reliability.     For exporters and importers, lower logistics costs and more predictable cargo movement would improve access to international markets and support India’s ambition to increase merchandise and services exports.    

Achieving the projected $600 billion market size by FY2031–32 will depend on sustained infrastructure investment, regulatory coordination, technology adoption and greater participation from private logistics operators.

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