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flag India's logistics market expected to grow to Rs 13.4 trillion by FY28, driven by structural changes, tech advancements, and govt initiatives.

flag India's logistics market, currently valued at Rs 9 trillion, is expected to grow to Rs 13.4 trillion by FY28, achieving an 8-9% CAGR. flag This growth is propelled by structural changes, technological advancements, and government initiatives, including the National Logistics Policy aimed at enhancing rail freight and improving infrastructure. flag The logistics cost as a percentage of GDP is currently 14%, with efforts to align it closer to the global average of 8-9%. flag The domestic express logistics sector is projected to grow at 14% CAGR, driven by e-commerce.

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