Third Party Logistics Sector on a steady growth path in Indian market

HTML clipboarddriving growth in this sector. The key challenges
Third Party Logistics Market is valued at INR 78 bn inidentified include infrastructure congestion, lack of
2008; Estimated to reach INR 172 bn in 2012. Thetrust and awareness, and service tax.
market comprises of two segments Asset-basedThe report begins with an introduction which explains
3PLs and Non-asset based 3PLs. The third partythe significance of third party logistics in the logistics
logistics industry is growing at 22% per annum. ( )industry. Market overview gives a quick picture of
The report provides a snapshot of the market. Anthe market with estimated market size, growth rate
overview gives a quick picture of the market withand share of third party logistics in overall logistics
estimated market size, growth rate and share of 3sector. The drivers and challenges explain the factors
PL firms in logistics industry. An analysis of driversinfluencing growth of the industry and a brief analysis
reveals that high cost of logistics in India, fragmentedof the major issues/challenges hindering growth. The
logistics sector, phased implementation of VAT,competitive landscape profiles the major players in
increasing geographical distribution of consumerthis sector in terms of their business description. The
markets, government infrastructure initiatives, growthreport also provides details of the private equity
in auto and retail sectors, and economic growth isinvestments and key developments in this sector.