Siliconindia Magazine

Freight Management: What Does It Offer Now?

The India freight and logistics market is estimated to grow at a CAGR of 10.5 percent between 2019-2025. The key initiative by the Government of India called Multi-Model Logistics Parks Policy is playing an important role in improving the country's logistics sector, which will enable to lower freight costs, reduce vehicular pollution and congestion and cut warehouse costs to promote domestic and global trade. Further, advancements in digital technologies is improving the efficiency and performance in freight management.