Third Party Logistics Market is valued at INR 78 bn in 2008; Estimated to reach INR 172 bn in 2012. The market comprises of two segments Asset-based 3PLs and Non-asset based 3PLs.
The report provides a snapshot of the market. An overview gives a quick picture of the market with estimated market size, growth rate and share of 3 PL firms in logistics industry. An analysis of drivers reveals that high cost of logistics in India, fragmented logistics sector, phased implementation of VAT, increasing geographical distribution of consumer markets, government infrastructure initiatives, growth in auto and retail sectors, and economic growth is driving growth in this sector. The key challenges identified include infrastructure congestion, lack of trust and awareness, and service tax.
The competitive landscape profiles the major players in this sector in terms of their business description. The report also provides details of the private equity investments and key developments in this sector.