The boom in e-commerce in India has fueled the growth of logistics brands at an exponential rate
In the past few years the boom in E-commerce in India has fueled the growth Logistics brands at an exponential rate.
The biggest USP of the e-commerce websites is their promise to deliver the product at the door step of the customer which involves a substantial role played by the logistic brands. With the demand for quality and efficient courier system going up, the demands to have more resource and presence of courier companies have also increased. According to industry reports while the e-commerce market in India will be worth $220 billion by 2025, the existing $300 billion worth logistics industry in India is also estimated to grow at a 12.17 per cent by 2020. Some of the major logistics brands to ride the wave include DTDC, Safexpress, Forun Express etc. When it comes to franchising, the best part about this segment is that it requires a very low investment and area. The demands is extremely high and it has an incredible capacity to create employment in tier II and III cities.