Any economy can’t function without the Logistics sector. It provides essential commodities and raw materials from one part to another and ensures that nobody misses being able to receive them. In recent times, India has been a laggard compared to other countries regarding this sector but things are changing rapidly due to new rules and regulations being relaxed for the betterment of consumers — thereby making the Indian business environment very attractive in comparison with others.
Market leaders predict that India’s logistics market will grow at an annual compound growth rate of 8 per cent, reaching 330 billion US Dollars by 2025. In addition, the e-commerce industry’s rapid development, upcoming technological advancements, and the retail sales market’s expansion will all contribute to this development. Thus, it has become a lucrative business opportunity for those who can connect with the right clients, industry growth and innovation are not just reserved for technology startups but also the large logistics companies have to have an edge over their competitors as well.
Before proceeding further, let’s have a short introduction about what is logistics?
Logistics is the supply chain process that involves the transportation of goods from their place of origin to their destination. Logistics companies in India play a major role in importing and exporting goods. The leading logistics companies in India are providing their services with high efficiency and impact. Therefore, it is important to know about top logistics companies operating in India as well as their other traits.
In this article, we’ve put together a list of leading logistics companies in India (2023) to help you with your search. These are those that have proven themselves by having served their purpose for a long time and helping people out in their work as well as life.
Here are the top 10 logistics companies in India for 2023
India is in a fast-paced logistics business, there are numerous companies that have been providing logistics services in India. The following are the top 10 logistics companies in India:
1. Sampark India Logistics Pvt. Ltd.
SILPL is one of the most reputable logistics companies in India. Companies and individuals throughout the country and abroad can use their comprehensive logistics and freight forwarding services. Sampark India Logistics assures you that your business and all your logistics needs will be handled by an experienced, dedicated Indian logistics services provider. In every phase of the process, from consignment pick-up to delivery at the destination, the company maintains very high standards. Sampark India currently managing approx. 4,25,000 sq. ft. warehouse space and coverage of 12,000 pin codes across India. They are also recognized as the Best Multimodal Transport & Logistics Company in India Cargo Awards 2023.
2. Allcargo Logistics
Allcargo Logistics is the world’s largest provider of LCL consolidation and a leading integrated logistics solutions company in India. They facilitate your cargo transportation around the globe, provide world-class Container Freight Stations and Inland Container Depots, and build and lease customized warehouses to optimize your supply chains. With over 300 offices across 160 countries, they provide local knowledge and assistance to clients. Additionally, it provides third-party logistics, e-commerce logistics, air freight, and integrated logistics solution throughout India.
3. TCI Express
TCI Express is a subsidiary of Transport Corporation of India (TCI), one of the nation’s most admired logistics firms. The company’s main focus is on express cargo distribution while placing a strong emphasis on the burgeoning e-commerce sector. Time-definite solutions are the company’s speciality. Only a few express cargo companies in India have their own facilities in the country and TCI Express is one of them. The company’s 40,000 pickup and delivery locations are reinforced through a team of 3500+ professionals.
4. Blue Dart Express
It is one of the largest providers of air and integrated transportation services in India. The company delivers consignments in a safe and secure manner to over 35,000 locations throughout the country. With its highly motivated team, dedicated air and ground capacity, cutting-edge technology, and a wide range of vertical-specific products and value-added services, Blue Dart delivers unsurpassed standards of service quality to its customers. Having been a part of the DHL Group, Blue Dart has access to the most comprehensive and extensive express and logistics network in the world. They offer a full range of distribution services, including air express, freight forwarding, logistics solutions, and customs clearing.
5. Mahindra Logistics
Mahindra Logistics is one of the largest integrated supply chain, mobility, and data solutions corporations in India that serves a wide range of industries including Automotive, Engineering, Consumer Goods, Pharmaceuticals, Telecom, Commodities, and E-Commerce. The company also provides comprehensive employee transportation solutions for organizations in diverse industries, including IT, ITeS, manufacturing, banking, insurance, and financial services. Their business model is asset-light, technology-driven, and customer-centric. The company provides flexible, scalable, technology-enabled logistics solutions.
6. VRL Logistics
A recognized transport and logistics company with a fleet of 4866 vehicles, VRL is the biggest fleet owner in India (including 291 Passenger Transport Vehicles and 4575 Goods Transport Vehicles, among others). To meet the needs of its burgeoning customer base, it has expanded into courier service, priority cargo, and air passenger transportation. A number of other services offered by VRL include customized 3PL and Warehousing services to the individual needs of its customer base. They provide a wide range of services to customers through an extensive network of 875 branches and franchisees. The company will extend its services in the coming months to remote regions of the country.
7. Gati
Gati is one of the most trusted logistics companies in India. In all, they operate about 5,000 locations and own about 1,200 vehicles. Their quality management system is one of the few that has received ISO 9001 certification. Among the logistics companies in India, this company offers services like Express Distribution and Supply Chain Solutions.
8. Apollo LogiSolutions
Apollo LogiSolutions offers full-service 3PL and supply chain solutions across various industries. As a result, manufacturers/companies can concentrate 100% on their core operations while being able to track their goods in real-time without having to be concerned about supply-chain issues. A variety of manufacturers and brands have turned to ALS as a one-stop logistics provider over the years. With the help of a transport management system, it offers tracking and tracing capabilities for Full Truck Loads, Part Truck Loads, and Milk Run operations. This will increase visibility and efficiency.
9. Adani Logistics
In addition to providing end-to-end logistics solutions across all major markets in the country, Adani Logistics Limited (ALL) is active in a wide range of customer segments. At Kishangarh, Malur, and Kanech, the company operates multi-modal logistics parks, as well as inland container depots in Patli and Kilaraipur. Currently, ALL operates 400,000 square feet of warehouse space and 5,000 shipping containers. They are backed by young, dynamic employees who drive the Company forward to greater heights.
10. Safexpress
Safexpress offers a range of supply chain solutions that include Express Distribution, Third Party Logistics, and Consulting. With value-added logistics services, the firm caters to nine different business verticals, including apparel, e-commerce, healthcare, high-tech, and publishing, as well as automotive, engineering, and electrical hardware, FMCG and consumer electronics, and institutional. The cutting-edge logistics solutions offered by Safexpress allow customers to focus on their main business. Through world-class warehousing services and time-definite deliveries of goods anywhere in India, the firm adds value to businesses at every level.
Conclusion
The future of logistics in India looks as though it will be an exciting one. The country will face more logistical challenges as it becomes more globally connected. These challenges will require innovative enterprises to find solutions that can propel India’s growth forward. The companies listed here are trying to do just this and have a very bright future ahead of them if they continue on their current trajectory.
