Ecommerce logistics India has undergone a paradigm change over the past decade. The industry is already experiencing a shift in every area of its activity, from a growing array of government rewards to tech-enhanced warehouses. Retail and logistics real estate convergence begins to evolve, with e-tailers finding physical stores and mainstream retailers expanding their web offerings channels and restructuring their warehousing footprint. Stores are always a way of retaining and linking buyers and creating revenue across both the internet and store-based platforms. Also, the exponential development of the eCommerce market, coupled with recent policy decisions, has impacted sentiments with players across the board pressured to relook their business models and plans for expansion.
Today, thanks to its exponential development and technological communication, eCommerce logistics India has captured the whole industry and marketing sector. When technical advancements have come into existence for the good of individuals, merchants and leading business owners are eager to extend their online footprint and reach out to the broader community of consumers they were unable to access via offline channels. eCommerce, however, has vastly increased the innovations in the warehouse and logistics sector by the super-fast networking dimension or the technical comfort enjoyed by the marketers
The eCommerce logistics India is currently estimated at $17bn. Online shopping is forecast to quadruple to around $43 billion as per Nomura over the next five years. The Indian e-tailing industry size for 2013 is about US$ 2.3 billion, which is projected to rise to around US$ 8.5 billion in 2016 and $17 billion by 2018. Currently, the logistics sector is India’s fifth-best prosperous industry. Various eCommerce logistics patterns are in place in developing markets such as India, based on product type, market development, and awareness. When these trends evolve and are embraced, significant improvements in the real physical production and distribution networks would undoubtedly come along.
The Indian warehousing and logistics market has profited tremendously from the growth of the eCommerce field over the past two years. The growing retail industry has set up its e-stores and consumes over 1.7 million sq.ft of warehousing space through metro towns like Mumbai, Bangalore, Chennai and Delhi. India ‘s online retail industry has seen explosive growth in local market-specific offerings, such as cash on sale, EMI solutions, and various payment platforms for several years. This has helped to build the country’s eCommerce sector’s development graph.
eCommerce is a vast network. Thus, there are diverse consumers and rising options and demands from them. And to stay up with the new developments, modular warehousing makes it easy for you to store items that are or might be in demand during a specific season. The Indian warehousing and logistics market is increasingly shifting to a redefined framework as a consequence of accelerated globalization, leaving behind the conventional go-down network.
To sum up, India’s online retail sector is emerging to meet the increasing demand for flexible warehouse options. Online shopping is the new medium that connects every consumer, wholesaler and supplier. The outlook of the industry appears buoyant and will likely be a force of demand for accommodation for real estate and warehousing needs. eCommerce will play a significant role in the transformation of the current warehouse and logistics system contributing to infrastructure growth in the region.