Domestic road logistics industry revenues likely to grow up to 9%: ICRA ...Middle East

Economy by : (Business Standard) -
The domestic road logistics industry is expected to register a growth of up to 9 per cent in revenues in the ongoing 2024-25 financial year, according to Icra. The organised road logistics sector had witnessed a growth 4.6 per cent in the 2023-24 fiscal year, the ratings agency said in a report. As per Icra, the industry logged a revenue of Rs 23,273 crore in FY24. "Icra expects the revenues of the Indian road logistics industry to grow by a moderate 6-9 per cent year-on-year (y-o-y) in FY25," it said. The agency further said it also maintains a stable outlook for the sector, fuelled by various government measures and policies in favour of the sector on expectations of good demand outlook fr

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