5 startups using innovative technology in logistic sector

According to Associated Chambers of Commerce (ASSOCHAM), the global logistics market is currently estimated to be around USD 3.5 trillion. India’s logistics and supply chain sector has seen two big moves by the government – Goods and Services Tax (GST) implementation and giving infrastructure status to the sector.

The steps are aimed at organising the unstructured logistics sector and open doors for more investment and new initiatives by the Government across different states to assess the logistics performance of Indian States and Union Territories. Gujarat, Punjab and Andhra Pradesh occupied the top three positions, while Assam, Bihar and West Bengal lower bottom of the index.

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