Market Share of India 3PL Industry
The market is relatively fragmented with a large number of local and international players, including DHL Supply Chain, Future Supply Chain and All Cargo Logistics Limited as its key players. India is evolving to be an emerging market in the warehousing sector attracting significant investments in the past 2 years from global and private equity players.
In September 2019, the French company FM Logistics announced the investment of USD 30 million for the development of a 31-acre multi-client logistics facility in Jhajjar, Haryana. The warehouse is expected to have a storage capacity of 1,00,000 pallet positions and a dedicated area for co-packing and other value-added services.
In February 2020, Groupe ADP announced the purchase of 49% stake in GMR Airports - a unit of India's GMR Infrastructure (GIL), for an amount of Rs 107.8 billion.
DP World and National Investment Infrastructure Fund (NIIF) invested an amount of USD 400 million to acquire Continental Warehousing Corp (Nhava Seva), one of the largest companies in the logistics sector in India.
3PL in India Market Leaders
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DHL International GmbH.
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Mahindra Logistics
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All Cargo Logistics Limited
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Kuehne + Nagel
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TVS Logistics Services Limited
*Disclaimer: Major Players sorted in no particular order