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The “Logistic Automation Market in India 2022” report has been added to ResearchAndMarkets.com’s offering.
The India logistics automation market was valued at INR 67.33 Bn in 2021. It is expected to reach INR 145.10 Bn by the end of 2027, expanding at a CAGR of 13.28% during the 2022 – 2026 period.
Manufacturers are keen on implementing logistics automation in their systems to be able to keep up with technological advancements and innovations. It is being adopted across industries, including manufacturing, healthcare, oil and gas, chemicals, e-commerce, and fast-moving consumer goods .
Market insights:
With significant investments in technology adoption, India’s logistics sector is expected to improve operational efficiencies. The use of the Internet of Things (IoT), data analysis, and automation can help businesses move and track cargo efficiently, as well as run their distribution networks smoothly .
Impact of COVID-19:
The COVID-19 pandemic resulted in a…
Full story available on Benzinga.com
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