How Our IoT Solutions Helped Improve Efficiency at a Leading Logistics Company
The Logistics and Warehouse sector is a key sector that impacts the development of a country. The
overall economic performance of a country determines the trend of this sector. It was estimated that
the Indian Logistics and Warehouse industry had a market size of $160 Bn in the financial year 2017,
according to reports by Care Ratings. The primary segments include road, rail, coastal, warehousing,
cold chain and container freight stations and inland container depots (CFS/ICD). The market is
supposed to grow at an estimated CAGR of 10%. It is expected to be further stimulated by the rapid
growth of manufacturing, retail, e-commerce and FMCG sector.