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Why logistics is critical to India’s $5 trillion growth story

 

India is standing at an important inflection point in its economic journey.

India is driving to become a $5 trillion economy over the next few years. This drive is fueled by some positive policy and regulatory changes by the Government of India. A booming tech-driven services sector, a massive demographic dividend of young workers, and aggressive state-backed infrastructure investments are adding solid steam to this milestone. These foundational engines are supported by rapid digitalization and a strategic push for a bigger share of manufacturing in India’s GDP over the next decade.

As the country moves towards becoming a $5 trillion economy, the role of logistics has become more critical than ever before. Logistics is no longer just a support function for trade and industry. It is now one of the strongest enablers of national growth, competitiveness and global integration.

 

Source: Etedge Insights