Urban Logistics Opportunities –Last-Mile Innovation, global logistics is expected to reach $10.6 trillion in 2020 and of this, transportation will account for about 70%.
Almost two-fifths of the total logistics costs are associated with the last mile and this will ensure that the leading players will have to come up with newer innovative solutions.Adoption of technologies in last-mile delivery has been accelerated by the pandemic and it will continue to do so in the aftermath creating a competitive advantage among key players in the industry.“With increased support from the Government and relatively untapped market potential, Electric Vehicles (EVs) are poised to become an integral part of India’s last-mile delivery space.