Marked 4 years 3 months ago onto safexpressLogistics Services
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Logistics refers to the process of coordinating and moving resources like people, materials, inventory, and equipment from one location to the final destination. Logistics involves things like transportation, inventory, packaging, supplies and warehousing. India's logistics sector is highly defragmented and the government is aiming to reduce the logistics cost from the present 14 percent of GDP (Gross Domestic Product) to less than 10 per cent by 2022. With the ecommerce industry growing exponentially during the pandemic and thanks to advancements in digital technologies, there has been a massive transformation in how a logistics company in India is conducting its business. And this is getting reflected in the workings of those companies that are situated in Mumbai, a city bustling with many businesses and industries.
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