Logistics
The global drone logistics and transportation market is expected to register a CAGR of over 20% between 2017-2025. South and Southeast Asia and Pacific Asia has the fastest-growing market for drone services. The consistently growing e-commerce market is fuelling this growth in both the logistics and transportation market.
Warehouses are becoming bigger and logistics companies are seeking novel technologies to better serve their customers. Drones are expected to revolutionize the logistics industry in India with quicker, alternative deliveries, inventory management, short-range delivery, last-mile delivery, effective operations management.
Many Logistics companies in India such as Rivigo, Delhivery and e-commerce companies like Flipkart and Amazon have already started employing drone services while others are awaiting approval. Zipline, a California based logistics company is working with Serum Institute of India (SII) to supply blood products, vaccines and medicines in the remote parts of the country.
We are very bullish on the usage of drones for logistics, as well as warehousing operations. We are keen to partner with companies interested in exploiting the potential of this rapidly growing market as an early mover.
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