The
Indian E-commerce retail logistics market is expected to grow at a 24% CAGR to
USD6.3 billion in FY26, up from USD2.2 billion in FY21. The growth will be
primarily driven by the Ecommerce retail market, which is expected to reach
approximately USD145 billion by FY26, with about 15 million daily shipments.
COVID-19 has been one of the catalysts that have accelerated the adoption of
online purchases, resulting in significant demand and supply-side changes in
the E-commerce space.