In the year 2024, the size of the Indian logistics market was around 317.3 billion USD. It was estimated that this market would grow to 484 billion USD in 2029.
Market Growth and Projections:
- India’s EV market is projected to reach USD 54.41 billion in 2025, growing at a CAGR of 19.44% to USD 110.74 billion by 2029. The market revenue is expected to hit USD 69.22 billion by 2033, with a CAGR of 21.40%
The India ceiling fan market is a significant part of the larger electric fan market, valued at approximately USD 1.94 billion in 2024. It is projected to reach USD 3.72 billion by 2030.
There were over 8 million weddings in India in 2023, with the Indian wedding industry worth Rs 10.5 lakh crore or $130 billion, being the second largest in the world.
In 2022-23, India produced 11.14 million tonnes of spices, a slight increase from 11.12 million tonnes in 2021-22.
India exported spices worth USD 4.46 billion in FY 2023-24, reaching an all-time high.
How intracity logistic market is 40Billion dollars as in Pranav Goels statement it is and if we search in google it is 1 Billion USD only. Anyone Enlighten
