Back to Career News

Warehousing and logistics sector to grow by 35%

May 13, 2020

Warehousing and logistics sector to grow by 35%

The warehousing and logistics asset class can be a few of the fastest to get over the COVID-19 disaster, a file says, mentioning an anticipated growth in domestic demand and opportunity of worldwide firms moving manufacturing to India to de-risk deliver chains.

The Welspun One Logistics Parks (WOLP) report estimates that the warehousing and logistics sector will grow at 35% by next year. The sector is also expected to attract large investments.

Anshul Singhal, MD at Wespun One Logistics Parks said: “The movement of retail to online and larger inventory levels by e-tailers will increase the speed of warehousing and logistics demand in future”.

Recommended for you ...

Axis Bank and Mastercard Launch Premium Credit Card for Small Business Owners
Axis Bank and Mastercard Launch Premium Credit Card for Small Business Owners

September 26, 2024

Banks Report Over 15% Growth in New Credit Card Additions: RBI Data
Banks Report Over 15% Growth in New Credit Card Additions: RBI Data

September 26, 2024

National Company Law Tribunal (NCLT) Approves Merger of IDFC and IDFC First Bank
National Company Law Tribunal (NCLT) Approves Merger of IDFC and IDFC First Bank

September 25, 2024

Chat on WhatsApp