Siliconindia Magazine

LOTrucks: Your Last Mile Delivery on the Go

According to CII Institute of Logistics India, the logistics industry stood at US$ 140 billion in 2014 and is expected to grow at a CAGR of 14.2 percent rising to US$ 200 billion by 2020. Shifting to this giant space, a majority of the players are already attempting the big wheel by focusing on primary logistics. Surprisingly, the secondary logistics which is said to be the most crucial part is completely ignored at the moment. In fact, the last mile delivery part of it which contributes anywhere between US$ 12-15 billion in this giant megalodon figure is completely out of proportion and is definitely a big opportunity waiting just around the corner. Zooming-in on the bigger picture, the secondary logistics comes with a lot of challenges. And maintaining an uninterrupted logistics is...