Remove infrastructure holdups to put logistics sector on a growth highway

India, a $2 trillion economy has a logistics market size of $ 130 billion and is forecasted to grow to $ 300 billion by 2020. The logistics sector contributes close to 5-6 percent to GDP and the sector has been growing at a CAGR of 11-12 percent. The sector has been growing at 1.5 to 2 times of GDP growth and the real spend on logistics in India is to the tune of is 14.4 percent of GDP which is relatively high as compared to developed economies which is in the tune of 7-8 percent.

There is a direct co-relation of