India’s E-commerce Logistics Market to Reach INR 601.09 Bn by 2029 | Martech Edge | Best News on Marketing and Technology
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India’s E-commerce Logistics Market to Reach INR 601.09 Bn by 2029

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India’s E-commerce Logistics Market to Reach INR 601.09 Bn by 2029

India’s E-commerce Logistics Market to Reach INR 601.09 Bn by 2029

GlobeNewswire

Published on : Feb 18, 2025

The E-commerce Logistics Market in India report, now available on ResearchAndMarkets.com, highlights the sector’s rapid growth. Forecasts indicate that the market will reach INR 601.09 Bn by 2029, expanding at a CAGR of 16.03% from 2024 to 2029. The rise in online shopping, increasing digital transactions, and a growing middle-class population are key contributors to this growth.

Market Drivers

  1. Digital Adoption & Connectivity

    • Increasing internet and smartphone penetration, especially in rural India.
    • Growth of digital payment systems enabling smooth online transactions.
  2. Technology Integration

    • Real-time tracking and automated warehousing improving logistics efficiency.
    • Advancements in AI-powered route optimization and supply chain automation.
  3. Government Support & Infrastructure Growth

    • Investment in logistics hubs, expressways, and dedicated freight corridors to improve supply chain efficiency.
    • Initiatives such as Make in India and Digital India boosting the sector.

Emerging Trends in 2024

  • Last-Mile Delivery Innovations

    • Adoption of EVs and drones to improve delivery speed and reduce costs.
    • Expansion of hyperlocal delivery models for same-day services.
  • Rise of Third-Party Logistics (3PL) Providers

    • Increased reliance on 3PL services like Delhivery, Ekart, and Blue Dart for faster fulfillment.
  • Omnichannel Fulfillment Strategies

    • Retailers integrating online and offline channels for a seamless logistics experience.

Competitive Landscape

The report profiles leading logistics players, including:

  • Allcargo Gati Ltd.
  • Blue Dart Express Limited
  • Delhivery Limited
  • Ecom Express Limited
  • XpressBees, DTDC, Ekart Logistics, Safexpress, Shadowfax, FedEx India

With continuous technological advancements, policy support, and rising digital adoption, India’s e-commerce logistics market is poised for significant growth. Companies investing in automation, last-mile efficiency, and omnichannel strategies will gain a competitive edge in the evolving logistics ecosystem.