A study named "A Report on Future Talent Requirements in Logistics," by a group of academics and experts in the logistics sector reveals that the sector is set to reach a market value of Rs 47.12 lakh crore by 2030, driven by an array of technological advancements, policy reforms, and an increasing demand for more efficient supply chain solutions.Ashish Chouhan (CEO and MD of NSE), Manoj K Tiwari (Director, Indian Institute of Management Mumbai) S G Deshmukh (Professor Indian Institute of Technology Delhi), and Ketan Kulkarni (Chief Growth Officer, Allcargo Logistics), among others, also highlights the issues faced by the sector and how to address those challenges.India's logistics performance has significantly improved in recent years. According to the World Bank's Logistics Performance Index, India climbed from 42nd place to 38th in 2023. This achievement is attributed to the central government's sustained efforts through strategic initiatives.Among the most prominent of these are the National Logistics Policy, the PM Gati Shakti National Master Plan, and the Sagarmala and Bharatmala projects, which aim to enhance the nation's infrastructure and ease of logistics operations, according to the study.

India's logistics sector set to reach ₹47.12L cr by 2030: Study

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