Logistics startups like Delhivery,LetsTransport and Ecom Express have seen a spike in business led by online sales of e-commerce firms and large offline retail brands moving online and tapping new age Logistics platforms to fulfill shipments. The shift to digital methods of buying due to the pandemic has further contributed to the growth of the e-commerce and logistics segments in the country, as delivery firms see new growth opportunities led by pharmaceuticals, healthcare and agritech companies.
Shipment volumes for us are up by almost 60-70% since pre-covid levels. The reason for this shift can be attributed to an influx of customers buying through online medium regularly and formal retail brands starting to finally execute their long-awaited digital strategies, said TA Krishnan, CEO and co-founder, Ecom Express, which works as a logistics partner with e-commerce firms.
Courtesyg: Google (photo)
