Accelerating India’s Transport and Logistics Sector – A Corridor to Evolution

Abstract

India's transport and logistics sector is undergoing a dynamic transformation, evolving into a highly efficient and integrated system, essential for the country's economic growth. The sector, valued at $160 billion in 2022, is projected to reach $215 billion by 2027, spurred by strategic initiatives like the Bharatmala project and the implementation of the Goods and Services Tax (GST). These efforts have streamlined supply chains, reduced logistics costs, and enhanced national connectivity, critical for both economic and defense purposes. Additionally, innovations in green logistics, smart cities, and satellitebased toll collection are paving the way for a sustainable and modernized logistics landscape. As these initiatives continue to develop, India is positioning itself as a global logistics hub, driving economic progress and strengthening national security.