Warehousing industry in India may grow at 13-15% in medium term: Care Ratings
Private investments in logistics and other infrastructure developments such as dedicated freight corridor (DFC) will also aid the segment growth, the report said, adding "The domestic warehousing industry grew from Rs 56,000 crore in 2013 to Rs 77,000 crore in 2017, and is expected to grow at a rate of 13-15 per cent in the medium term."
Care Ratings pointed out that the domestic industrial warehousing segment is expected to grow due to anticipated increase in global demand. Image source: Reuters