A cargo of cash from private equity investors puts logistics in high gear

For logistics companies in India, though still freighted with inefficiencies, many things have started to go right. Investment flow into the sector in the first half of the year has surpassed last year's full-year investment, kicking the industry into high gear.

According to Venture Intelligence data, nearly $896 million was invested by PEs during the first half of 2019 across 16 deals, as against $682 million across 18 deals a year ago.

A slew of factors from the implementation of the Goods and Services Tax, emergence of a set of technology-backed start-ups improving efficiency of logistics companies and existing players