Driven by government initiatives and economic growth, India’s logistics sector is set for significant expansion, projected to create 10 million jobs by 2027, according to a recent report.

Benefiting from recent policy reforms like the Production-Linked Incentive (PLI) scheme and robust production figures, coupled with changing consumption patterns and innovative business models like 3PL (Third-Party Logistics), India’s logistics industry is on a growth trajectory. The sector, growing at 12% annually, is anticipated to witness substantial job creation over the next five years.

Balasubramanian A, Vice President and Business Head at TeamLease Services, commented on the emerging landscape, noting a surge in both production and consumption leading to increased demand for logistics services such as transportation, warehousing, and distribution.

Economic shifts like rising disposable incomes and rural demand are driving a nationwide consumption surge, creating opportunities in roles like supply chain managers, logistics specialists, and warehousing managers.
Moreover, as logistics hubs evolve into advanced facilities, the industry is embracing automation, Artificial Intelligence (AI), and Machine Learning (ML) for efficient demand forecasting and supply chain management.”