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What is Growth of 3PL Market in India about?

The document discusses the 3PL sector in India. It begins with definitions of 3PL and reasons for outsourcing logistics, such as cost effectiveness. It then summarizes that the 3PL market in India is developing but expected to grow rapidly. The market comprises asset-based and non-asset based segments. Major domestic and international 3PL players are listed. Challenges in the sector include a fragmented market, lack of expertise and infrastructure. However, the future of 3PL in India is promising due to tre

Author

Sachin Dhamija

Language

EN