Industry’s turnover expands 8% in 2016 to INR17.2 trillion
Strong economic growth and rising private consumption lift demand for transportation services in India
Indian road transport companies to benefit from rising e-commerce industry, a key buyer of transportation services and forecast to expand by 275% over period to 2021
Economic growth and rising demand for transportation to encourage new entrants, although largest companies are expected to reap most gains
Industry’s growth forecast to accelerate to 10% CAGR over 2016-2021, driven by positive economic outlook, investments in infrastructure and growing retail industries
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