The Indian e-commerce industry is predicted to grow five-fold to $300 billion by 2030, with third-party logistics providers expected to handle 17 billion shipments in the next seven years, according to a report by Redseer. As the third-party logistics sector expands, the cost per shipment is projected to decrease by 23% from Rs 60 in 2023 to Rs 47 by 2030. Meesho was identified as the largest contributor to e-commerce 3PL shipments in India, followed by Flipkart, Ajio, and Amazon. The report also highlighted the importance of 3PL in enabling market entry, driving growth, and optimizing logistics investments.
Vietnam has been the top choice for global investors in terms of logistics industrial sectors in Asia-Pacific. Trang Bui, country head of Cushman & Wakefield Vietnam, determines how this came to be, and analyses the tasks set towards 2030.
To meet the demands of domestic trading and import-export activities, the logistics sector is working towards professional and competitive services meeting international standards, in which smart logistics development is considered the key solution.
Vietnamese logistics firms believe that their workforce, infrastructure and service lines are not inferior to foreign ones. But they say they still have to work for foreign firms located in Vietnam.