Top Logistics Companies in India - A 2024 Review

Importance and Role of logistics companies in India’s economic growth

‍

India has a bright economic future, and the country will soon be a developed nation instead of a developing nation — credit goes to the way the top logistics companies in India are booming. 

Don’t believe us? Maybe you will believe these numbers then —

‍

• According to the Economic survey of 2021, logistics companies contribute to about 14% of the nation’s GDP
• These companies have created an elixir of employment opportunities — as many as 22 million people have found jobs in some or the other part of the supply chain management 
• The valuation of logistics companies in India, which was around 274 billion US dollars in 2022, is expected to rise to a whopping value of 563 billion US dollars by the end of the year 2030

‍

This billion-dollar industry is the beating heart of the Indian economy because best logistics firms in India ensure — 

‍

• Goods reach the end customers on time 
• The products are packed with care so they arrive at the end destination in great condition 
• There’s proper communication between all stakeholders involved in the trade, which avoids delays 
• Businesses and end customers can track the shipment in real-time

‍

And these are just a few benefits of logistics companies. The list is enormous. 

‍

Confused? Worried you might not be able to segregate a mediocre company from the top ones? Can’t pinpoint how exactly best logistics businesses in India support global trade? If yes, we’d say worry no more. We analyzed different market trends and followed the success curve of many companies, and we have compiled all our learnings in this guide. 

‍

This article is a practical cheat book for business owners looking to partner with logistics firms in India. 

‍

Follow along, and we promise that by the end of this guide, you will have all the information you desire — which are the logistics firms in India, contributions of logistics companies in international trade, and much more. 

‍

Without a preamble, let’s get you started now!

‍

Criteria for Ranking — What Makes Some Logistics Companies Better?

‍

You could be a big business or a small one, a retailer or a software firm, but without top logistics companies in India, the chances are bleak that you will be able to emerge as a winner in the global market. 

‍

But when we say top logistics companies, doesn’t it tickle your thinking hat about what evaluation parameters we used that some companies made to our list and others didn’t?  

‍

Assuming you do think about those parameters, we decided to walk you through all the aspects we evaluated to rank logistics companies. Have a look!

‍

• We used market capitalization as a measure of the size and stability of the companies 
• We considered the growth rates and expansion activities that the companies follow so they can scale as their clients scale
• We took into account the innovation in logistics and technology integration
• We considered the network reach and PIN code coverage that these companies offer in India and abroad
• We kept in mind the customer service and operational efficiency of these companies 

‍

And keeping these many parameters in mind, we compiled a list of the best logistics businesses in India for you. To simplify things further, we have categorized these companies into two groups — top companies by market capitalization and top companies by growth speed. 

‍

Look at the list so you can never go wrong in your judgment.

Fastest-Growing Logistics Companies

‍

1. Pazago — A prominent player in Import and Export 

‍

Pazago, which was founded in 2021, is headquartered in SF in the US and in Mumbai in India. 

‍

The company:

‍

1. Provides a huge database of 3 lakh international clients for their customers to sell goods to 
2. Is present in 110 countries 
3. Has as many as 5,400 Harmonized system (HS) codes

‍

The platform offers the following four unique tools to help businesses handle trade like a pro —

‍

1. Pazago Intel — Provides businesses access to a database of as many as 3 lakh international buyers and almost 5,400 HS codes. This helps companies grow and expand their reach by getting a chance to find more buyers for their products
2. Pazago Portal — This dashboard provides attractive tools that help businesses track shipments in real time, create and manage different trade accounts for multiple buyers in one place, and track the entire journey of the shipped products. It also centralizes the communication between multiple stakeholders so that no confusion occurs. As a result, shipments are not delayed
3. Pazago Fulfilled — It handles all things logistics. It handles payments, cargo insurance, warehousing, customs clearance, transportation, and inventory management. It also helps secure the best and cheapest ocean freight rates and optimizes the quickest route for delivery
4. Pazago Insider — helps with strategic decision-making by keeping you informed about the latest policy shifts in national and cross-border trade

‍

2. Gati Limited - Pioneering express distribution and supply chain solutions

‍

Founded in 1989 and headquartered in Hyderabad, Telangana, GATI has a stupendous market capitalization value of 1536.38 crore Indian rupees. 

‍

Some of the features that make GATI one of the top logistics companies in India are listed below. 

‍

• It serves almost 19,800 PIN codes nationwide
• It's present in 735 out of 793 districts in India  

‍

3. TCI Express Ltd - Leading in supply chain and express delivery solutions

‍

TCI Express, founded in 1996 and headquartered in Gurugram, Haryana, has a mammoth net worth of 4,524.35 crore Indian rupees, as reported by Economic Times.

‍

We have listed why this company secured a spot in our list of logistics firms in India. That’s because TCI Express already has: 

‍

• 40,000 pickup and delivery locations
• 3,500 professionals working for them 
• 28 secure sorting centers 
• GPS-enabled vehicles 
• A presence in more than 200 countries 

‍

4. VRL Logistics Ltd - Major in freight transportation with extensive logistics services

‍

Founded in 1976 and headquartered in Hubballi, Karnataka, VRL Logistics has a jaw-dropping market capitalization of 67.39 billion Indian rupees. 

‍

Some of the stats that prove this company is indeed one of the fastest-growing logistics companies in India are:

‍

• It offers its services across 25 states and 4 union territories 
• It offers 3PL and warehousing services all across the country
• It has its own fuel stations
• It has 130+ courier branches 

‍

5. Aegis Logistics Ltd - Specialized in logistics for oil, gas, and chemical industries

‍

Founded in 1956 and headquartered in Mumbai, India, Aegis Logistics has an impressive net worth of 5.14 billion Indian rupees. 

‍

Some iconic features that gave this company a spot in our list of top logistics companies in India include —

‍

• Its presence across every major port in India
• Its unbelievable storage capacity of 15,70,000 KL for Chemicals & POL and 1,14,000 MT of static capacity for LPG

6. Stockarea - Offers on-demand logistics services and operates in key Indian cities

‍

Founded in 2019 and headquartered in Mumbai, India, the reported revenue generated by the company in 2022 was a whopping 1.45 million US dollars. 

‍

Some classifying features that make this company one of the good logistics firms in India are listed below. 

‍

• It is present across all major Indian ports
• It has 100+ warehouses and 10,000+ trucks 
• It has a presence in over 30 countries 

‍

Top Logistics Companies by Market Capitalization 

‍

7. Container Corporation Of India — Market leader in container transportation and handling

‍

Founded in 1988 and headquartered in New Delhi, India, Container Corporation Of India has a stellar net worth of 59,226.46 crore Indian rupees. 

‍

One iconic achievement that makes this company one of the top logistics companies in India is that it offers facilities for cargo storage, customs clearance, bonded warehousing, bonded trucking, and even LCL consolidation.

‍

8. Allcargo Logistics Ltd - Global player offering multi-modal transportation

‍

Founded in 1993 and headquartered in Mumbai, India, AllCargo Logistics boasted an impressive revenue of 1.59 billion US dollars in 2023. 

‍

Some distinguishing features that make this company a very trustworthy and top logistics company in India include — 

‍

• Its presence in 180 countries 
• Its achievement of employing almost 4,500 people
• Its express delivery services 

‍

9. TVS Supply Chain Solutions Ltd - Renowned for efficiency and supply chain innovation

‍

Founded in 1995 and headquartered in Chennai, Tamil Nadu, TVS Supply Chain Solutions has a record-breaking net worth of 102.4 billion Indian rupees.

‍

Some of the unbeatable reasons that compelled us to place this company on our list of top logistics companies in India are as follows —

‍

• It employs almost 18,000 people
• It has 100+ operating locations
• It also has 55+ Fortune Global 500 customers 

‍

10. Blue Dart Express Ltd - Major player with extensive pin code coverage and specialized services

‍

Founded in 1983 and headquartered in Mumbai, India, Blue Dart Express Ltd has a market capitalization value of 14,650 crore Indian rupees. 

‍

Some of the reasons that make this company a top logistics company in India include the following —

‍

• It is present in almost 220 countries 
• It services more than 56,400+ locations and 21,650+ PIN codes in India
• It owns 6 Boeing 757- 200 freighters, 2 Boeing 737- 800 freighters, 12,000+ vehicles and 360 e-vehicles
• It has 496 retail stores, 60 ground hubs, and 1,568 service centers to tackle customer queries

‍

11. Mahindra Logistics Ltd - Known for integrated logistics solutions and People Transport Solutions

‍

Founded in 2000 and headquartered in Mumbai, India, the market capitalization value of Mahindra Logistics Ltd is a whopping 2,823 crore Indian rupees. 

‍

Some of the iconic features that make this company one of the top logistics companies in India are listed below. 

‍

• It staffs more than 27,000 people
• It handles cross-border logistics and contract logistics and also offers last-mile delivery services

Contributions to eCommerce and International Trade

‍

‍

‍

Global e-commerce is evolving at the speed of a freight train, and logistics companies in India are emerging as the backbone of eCommerce and international trade. Wondering how? If so, we have just the information that you need. Have a look!

‍

Role in Facilitating International Trade Through Efficient and Secure Logistics Services

‍

The logistics sector in India is evolving to align with international trade requirements by improving infrastructure, embracing digitalization, and focusing on sustainable logistics practices. 

‍

The country is working towards resolving challenges related to policy and infrastructure, which are crucial for enhancing the efficiency of the logistics sector. 

‍

Improved logistics infrastructure supports domestic eCommerce growth and plays a critical role in facilitating international trade, ensuring that goods can be transported efficiently and securely across borders​​.

‍

Also Read: Different types of logistics in supply chain management

‍

Customs Clearance and International Services as a Critical Factor for Trade

‍

Customs clearance and international logistics services are critical for seamless trade operations. They enable businesses to navigate the complex regulatory environments associated with global trade. 

‍

Logistic businesses in India offer expertise in handling customs procedures, ensuring compliance with global trade regulations, and minimizing delays. This is crucial for maintaining the flow of goods in and out of the country.

‍

The logistics sector emphasizes technology and innovations too. By adopting advanced tracking and monitoring systems, implementing Internet of Things (IoT) solutions for real-time visibility, and leveraging data analytics, logistics companies can: 

‍

• Optimize routes
• Reduce transit times
• Improve overall supply chain management 

‍

These technological advancements support domestic eCommerce growth and are essential for international trade.

‍

If all this seems daunting and you want to just focus on your business while all hassles surrounding logistics can be taken care of, book a free demo call with Pazago today. Plus, there's no pressure to buy our services – you can decide whether or not you would like to corner with us after a detailed demo from our experts. 

Technology integration by leading logistics companies

‍

Logistics companies increasingly invest in technology to address challenges like cost management, labor shortages, and improving productivity. 

‍

Tools supporting real-time transportation, visibility planning, and fleet management are seeing significant adoption. Companies are moving beyond foundational technologies, exploring advanced solutions like robotics, digital twins, and real-time insights to maintain a competitive edge. 

‍

These investments are crucial for addressing the logistics sector's pain points, such as driver management and productivity improvement in both transportation and warehousing. 

‍

By integrating digital logistics tools, businesses can significantly boost operational performance, customer satisfaction, and even revenue in some instances​​.

Case Study on a Logistics Company's Successful Expansion Strategy

‍

A notable example of successful expansion in the logistics sector comes from the case study of GXO Logistics. 

‍

The company spends almost 450 million US dollars annually to integrate advanced technology. 

The results have been astounding: 

‍

• The company's revenue started growing by 18.4%, beginning in 2016. And it now stands at a whopping sum of 4.19 billion US dollars
• For its continued efforts in including robotics and machine learning in supply chain management, the company has contributed to improving customer services worldwide. As a result, the company also ended up winning the honor of being ranked as the number one Logistics Company by Transportation Topic magazine in 2018 

Use of AI and Machine Learning for Route Optimization and Efficiency

‍

AI and machine learning are game-changers for logistics, offering the ability to analyze vast amounts of data, enhance operational visibility, and support better decision-making. 

‍

Early adopters of AI-enabled supply chain management have seen improved logistics costs, inventory, and service levels. AI solutions offer features like demand forecasting, end-to-end transparency, and dynamic planning optimization, which can lead to significant performance improvements. 

‍

For example, successfully implementing AI in supply chain management has enabled companies to reduce logistics costs by 15%, cut inventory levels by 35%, and increase service levels by 65% compared to slower-moving competitors​​.

Challenges and Future Prospects

‍

Some of the biggest challenges that logistics companies face are – 

‍

• Increasing customer expectations where they want a super fast delivery
• Environmental concerns related to increasing carbon footprint
• Geopolitical factors that disrupt international trade routes
• Inability to predict market trends 

The potential for growth in the logistics market

‍

Many top logistics companies in India have already integrated advanced tools and visibility dashboards to tackle the challenges we've listed above. 

‍

Features such as live tracking, advanced customer support, integration of payment processing, and dashboards to manage all documents related to customs clearance have already started making a positive impact. 

Conclusion

India is standing atop a pile of gold where the chances of earning a billion-dollar revenue are real. Businesses must partner with top logistics companies in India to cash in and enter the global market. 

‍

The logistics industry's future hinges on technological innovation and strategic expansion. Companies can address critical challenges and enhance their competitive advantage by integrating cutting-edge technologies like AI, machine learning, and digital logistics tools. 

‍

Even trade gurus have predicted that the market capitalization of Indian logistics companies will boom to 563 billion US dollars by 2030. So what's stopping you from getting in touch with Pazago? 

‍

You can contact our experts today and learn how to use our advanced tools and dashboard to tackle hectic paperwork related to international shipping and customs laws, predict the market trend for you, and offer real-time visibility and customer satisfaction.