Sale Date Ended
India’s logistics sector attracted investments worth Rs. 23,200 crore in first half of 2008.
It outclassed some of the major sectors including aviation (Rs 20,890 crore), metals and mining (Rs 8500 crore) and consumer durables (Rs 6000 crore) among others.
Mumbai has emerged as the preferred location for the development of logistics parks with an investment of approximately $ 200 million.
The development of seven to eight logistics parks are in pipeline on 600 acres around Mumbai.
A large number of upcoming SEZs have necessitated the development of logistics for the domestic market as well as for global trade.
Indian logistics industry is expected to grow annually at the rate of 15- 20 percent, reaching revenues of approximately $ 385 bn by 2015.
Market share of organised logistics players is also expected to double to approximately 12 percent during the same period.
About 110 logistics parks spread over approximately 3,500 acres at an estimated cost of $1 bn are expected to be operational and an estimated 45 mn ft2 of warehousing space with an investment of $ 500 mn is expected to be developed by various logistics companies by 2012.