Logistics sector projected to touch $484.43 bn by 2029

05 Mar 2024 CW Team

The integration of robotics, automation, artificial intelligence (AI), and other advanced technologies is expected to revolutionise the way logistics operations are conducted, driving efficiency, productivity, and competitiveness. LogiMAT India foresees a substantial increase in investments in India's logistics sector, with the adoption of these technologies poised to attract significant capital infusion from domestic and international investors.

Moreover, the deployment of robotics, automation, AI, and other technologies is projected to create a multitude of job opportunities across various segments of the logistics sector. From skilled technicians and engineers to logistics analysts and data scientists, these advancements are expected to create 10 million jobs in India by 2027 and contribute to India's employment landscape.

"The transformative potential of new technologies and innovations showcased at LogiMAT India is immense," said Mr. Sachin Patil, Managing Director and CEO of Messe Stuttgart India, the organiser of LogiMAT India 2024. "We envision these advancements to not only attract substantial investments to India's logistics sector but also to create a significant number of jobs, driving economic growth and prosperity."

Furthermore, these technologies have the potential to scale logistics businesses to unprecedented levels, enabling them to optimize operations, enhance customer service, and achieve greater profitability. By leveraging robotics, automation, AI, and other cutting-edge solutions, logistics companies can streamline processes, reduce costs, and stay ahead of the competition in today's dynamic business environment.

As LogiMAT India continues to serve as the premier platform for industry stakeholders to explore, collaborate, and innovate, it remains committed to driving positive change and fostering growth within India's logistics ecosystem.

LogiMAT India, India?s biggest and most extensive logistics exhibition platform for showcasing cutting-edge technologies and innovations in the logistics industry, is set to catalyse significant advancements in India's logistics sector. The integration of cutting-edge technologies and advancements in intralogistics, automation, warehousing, and transportation management heralds a transformative era for the logistics sector in India.. According to a report released at the logistic fair LogiMAT India 2024, the Indian freight and logistics market is projected to experience a steady annual growth rate of 8.8 per cent, reaching $484.43 billion by 2029 from $317.26 billion in 2024, driven by technological advancements. This surge not only signifies robust economic expansion but also holds the promise of substantial job creation and enhanced business scalability. The integration of robotics, automation, artificial intelligence (AI), and other advanced technologies is expected to revolutionise the way logistics operations are conducted, driving efficiency, productivity, and competitiveness. LogiMAT India foresees a substantial increase in investments in India's logistics sector, with the adoption of these technologies poised to attract significant capital infusion from domestic and international investors. Moreover, the deployment of robotics, automation, AI, and other technologies is projected to create a multitude of job opportunities across various segments of the logistics sector. From skilled technicians and engineers to logistics analysts and data scientists, these advancements are expected to create 10 million jobs in India by 2027 and contribute to India's employment landscape. The transformative potential of new technologies and innovations showcased at LogiMAT India is immense, said Mr. Sachin Patil, Managing Director and CEO of Messe Stuttgart India, the organiser of LogiMAT India 2024. We envision these advancements to not only attract substantial investments to India's logistics sector but also to create a significant number of jobs, driving economic growth and prosperity. Furthermore, these technologies have the potential to scale logistics businesses to unprecedented levels, enabling them to optimize operations, enhance customer service, and achieve greater profitability. By leveraging robotics, automation, AI, and other cutting-edge solutions, logistics companies can streamline processes, reduce costs, and stay ahead of the competition in today's dynamic business environment. As LogiMAT India continues to serve as the premier platform for industry stakeholders to explore, collaborate, and innovate, it remains committed to driving positive change and fostering growth within India's logistics ecosystem.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Infrastructure Energy

05 Nov 2025

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Infrastructure Urban

05 Nov 2025

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..