10 Mind-Blowing Facts About Warehousing Services in India You Didn't Know!
India, with its burgeoning economy and rapidly expanding e-commerce sector, has witnessed an exponential rise in the demand for warehousing services. These warehouses are the silent backbone of the country's supply chain, ensuring that goods are stored, sorted, and shipped efficiently. While many are familiar with the basic concept of warehousing, here are ten mind-blowing facts about warehousing services in India that you probably didn't know. 1. INDIA'S WAREHOUSING MARKET IS MASSIVE AND GROWING India's warehousing market is not just large; it's enormous and expanding at a rapid pace. Valued at approximately USD 12 billion in 2019, the market is projected to reach USD 19 billion by 2025, growing at a CAGR of over 10%. This growth is driven by the rise of e-commerce, retail, and manufacturing sectors, necessitating more sophisticated and expansive warehousing solutions. 2. THE ADVENT OF SMART WAREHOUSING With the advent of Industry 4.0, Indian warehouses...