The country's logistics industry is projected to be worth $215 billion by 2020-21, recording a 10 per cent compounded annual growth rate (CAGR) over its approximate size of $160 billion in 2016-17.

Over last few years, we have seen several innovations in India’s transportation and logistics space. Some of the smartest entrepreneurs and technology minds are putting their efforts into fixing the enormous and fragmented Indian logistics ecosystem. Roll out of GST has further boosted these efforts, with more and more innovations happening, among others, in FTL/LTL movements, last mile delivery optimizations, Online-2-Offline integrations and IoT in Logistics space.

New Delhi, Aug 14 (PTI) Ecom Express, the Warburg Pincus-backed logistics services firm, is aiming to triple shipments to 150 million units this fiscal, riding on rapid e-commerce sector growth in the country.