Warehousing biz grows 45% in first 9 months of 2022 amid headwinds: Experts

Experts attribute the growth to the rise of e-commerce and the increasing need for warehousing and logistics services to support online retail. The growth in the sector has been fueled by the boom in e-commerce sales, with online sales expected to reach $150 billion by 2025.
The warehousing industry has faced several headwinds in recent times, including rising costs, labor shortages, and supply chain disruptions due to the pandemic. Despite these challenges, the industry has continued to grow, and experts predict it will continue to do so in the coming years.The demand for warehousing services is expected to remain strong in the near future, as e-commerce continues to grow and evolve. Additionally, the Indian government’s focus on infrastructure development and logistics initiatives are expected to drive the growth of the sector further.Experts suggest that the warehousing industry needs to focus on modernization and technology adoption to stay ahead of the curve. They advise investing in automation, robotics, and other advanced technologies to improve efficiency and reduce costs.Overall, the warehousing industry in India is poised for significant growth in the coming years, driven by the growth of e-commerce and increasing demand for logistics services. Despite the challenges faced by the sector, experts believe that the future is bright for warehousing in India.What do you think about this ? Share your views in the comments