India's E-commerce logistics market growing faster than industry, to grow at 16% CAGR by FY30: JP Morgan

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India's e-commerce logistics market is set to expand rapidly, outpacing the overall industry with a compound annual growth rate (CAGR) of 16 per cent by FY30, according to a report by JP Morgan. The growth will be driven by rising customer penetration in tier-2 and smaller cities along with tech-driven efficiencies.