Siliconindia Magazine

Cover Story

AVA Global: Shouldering Logistics Industry to the Future

There’s no better time to be in the logistics industry than right now. Catalyzed majorly by burgeoning e-Commerce demand, logistics sector manifests increased momentum and optimism more than ever before. According to Bekryl Market Analysts, the $865 billion worth global Third Party Logistics market will register a CAGR of nine percent en route to the year 2028. Indian subcontinent is nowhere below this pace, as Information and Credit Rating Agency (ICRA) predicts a whopping 10.5 percent growth for the country’s logistics market in the coming years. While the blend of disruptive technologies and digitalization is poised to pivot the reinvention, which is crucial in adapting into this novel epoch, it’s a fine sight that the industry is finally waking up to the fact and strives to...