Date of Document/Article
Wed, 10/09/2019 - 10:37
Short description

The domestic logistics sector is set to grow at 8-10 per cent over the medium term with the outlook remaining largely stable, ratings agency ICRA said on Wednesday. The key drivers for demand pick-up would be the festive season as well as the anticipated revival in infrastructure spending post monsoon and improvement in receivable cycle of contractors, it said in a statement.

The ensuing demand momentum will lead to higher freight volumes in the second half of FY2020 despite weak macroeconomic scenario, it added

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