Booming e-commerce: Need for own logistics infrastructure?
Going by the statistics, the government is expecting the e-commerce market to grow to $100 billion by 2020. The sector is moving with a CAGR of 37 per cent. And along with goods, e-commerce companies have also started investing huge in logistics to make the movement of goods easy and smooth. But why are e-commerce companies building their own infrastructure and entering the logistics sector when traditional logistics service providers are adding e-commerce verticals to their existing lines of businesses? Here’s what the industry shares. Excerpts: