INDUSTRIES

Industries We Serve

Every industry that moves goods, manages cargo, or invests in logistics infrastructure operates with a distinct set of commercial pressures, regulatory obligations, and strategic decision points.

Logistics & Supply
Chain

India’s logistics market reached $243 billion in 2025 and is expanding at a 6.5% annual rate toward $429 billion by 2034.

Logistics costs still consume 13-14% of India’s GDP versus 8-9% in peer economies, while organised logistics players are expected to grow from 5.5-6% market share to 12-15% by 2027.

We work with logistics and supply chain businesses at every stage of this transition — from growth strategy and operational improvement through investment readiness and exit.

Where We Work With Logistics & Supply Chain Businesses

Growth Strategy

Defining service lines, customer segments, and expansion priorities with the strongest return on capital.

Network Design & Optimisation

Warehousing, transport lanes, hub-and-spoke design, and multimodal freight optimisation.

Technology Strategy

TMS, WMS, control tower platforms, vendor selection, implementation, and adoption.

Commercial Strategy

Customer segmentation, pricing improvement, contract optimisation, and sales strategy.

M&A & Investment Advisory

Buy-side and sell-side support, PE readiness, strategic exits, and growth transactions.

WHAT THIS MEANS FOR YOU

Logistics and supply chain businesses that work with us enter the next phase of India’s market formalisation with a strategy that is grounded in operational reality, commercially executable, and positioned to capture the consolidation dividend rather than be marginalised by it.

INDUSTRY FOCUS

India’s port ecosystem handled 855 million metric tonnes in FY 2024-25, and container traffic at major ports has grown consistently despite global freight rate volatility.

For shipping lines and NVOCCs operating in India trades, the environment has shifted materially over the past two years. The Maersk-Hapag-Lloyd Gemini Cooperation launched in February 2025 has reshaped service networks and slot availability in ways that ripple through every carrier and NVOCC operating on routes touching Indian ports.

The Merchant Shipping Act 2025, electronic documentation, changing Indian tonnage rules, and new LNG-powered feeder vessel commitments are changing India’s role from trade lane participant to potential production base.

We work with shipping lines, carriers, and NVOCCs on the strategic and commercial questions that determine competitive position in India’s evolving maritime market.

Where We Work With Shipping Lines and NVOCCs

India Market Strategy

Service network design, India port calls, feeder connectivity, ICD routing, inland strategy, and commercial positioning.

NVOCC Commercial Strategy

Rate strategy, block space agreements, HBL compliance, customer prioritisation, and margin protection.

Regulatory & Compliance Advisory

Merchant Shipping Act implications, CBIC documentation, MTO obligations, and FEMA compliance.

Terminal & Port Relationship Management

Port call negotiations, berth priority, terminal productivity benchmarking, and port service agreements.

JV & Partnership Structuring

Commercial alliances, slot-sharing arrangements, and joint service structures aligned with Indian regulatory requirements.

WHAT THIS MEANS FOR YOU

Shipping lines and NVOCCs operating in India trades have the strategic and commercial advisory support to navigate alliance shifts, regulatory change, and port network evolution without losing competitive position during the transition.

INDUSTRY FOCUS

Freight Forwarders

Strategic, commercial, compliance, and digitalisation advisory for freight forwarders operating in India’s changing EXIM market.

India's freight forwarding industry is being reshaped by two forces operating in opposite directions. Digital customs documentation through ICEGATE, the Authorised Economic Operator programme, and GST e-invoicing are raising the compliance bar.

At the same time, Indian manufacturing exports under PLI schemes, e-commerce cross-border trade, and India’s China-plus-one sourcing role are generating new freight volumes for forwarders with sector-specific expertise, strong carrier relationships, and specialised cargo capability.

We work with freight forwarders on strategic growth questions and the operational, compliance, and technology gaps that determine which side of this divide they end up on.

WHERE WE WORK

Where We Work With Freight Forwarders

01

Growth and Diversification Strategy

Identifying cargo verticals, trade lanes, and service add-ons such as customs clearance, warehousing, insurance, and trade finance facilitation.

02

Carrier Relationship Optimisation

Reviewing BSA and block space arrangements, negotiation strategy, alliance restructuring impact, and commercial terms for rate stability.

03

Compliance and Regulatory Advisory

DGFT compliance, CBIC customs documentation, MTO registration, AEO certification, FSSAI, APEDA, and EEPC registration support.

04

Technology and Digitalisation

Freight management system selection, ICEGATE and GST portal integration, track-and-trace capability, and digital client interfaces.

05

M&A and Investment Readiness

Buy-side target assessment, sell-side preparation, consolidation support, PE readiness, and commercial due diligence.

WHAT THIS MEANS FOR YOU

Freight forwarders that work with us are positioned on the right side of India's logistics formalisation — with the compliance infrastructure, carrier relationships, sector expertise, and technology capability to grow as India's export volumes expand.

INDUSTRY FOCUS

3PLs & 4PLs

$38.74B

Indian 3PL market in 2025

$78B

Projected market size by 2035

7.3%

Expected CAGR

The Indian 3PL market reached $38.74 billion in 2025 and is on a trajectory to $78 billion by 2035 at a 7.3% CAGR. Automotive leads in value, while e-commerce is the fastest-growing demand source.

The 4PL model is growing fastest of all, as large shippers seek single-window visibility and accountability across fragmented carrier and warehouse networks.

We work with 3PLs and 4PLs on the commercial, operational, and strategic questions that determine whether they grow with India's supply chain evolution or become subscale in a consolidating market.

WHERE WE WORK

Where We Work With 3PLs and 4PLs

Five advisory areas that help logistics operators compete at the next level of the Indian market.

01

Contract Review & Commercial Strategy

Reviewing pricing adequacy, service level exposure, renewal risk, and value-based customer relationship models.

02

Warehouse & Network Optimisation

Site selection, layout redesign, automation appraisal, and network reconfiguration for new demand geographies.

03

Technology & 4PL Transition

Control tower capability, platform selection, operating model design, and 4PL client positioning.

04

Sector Specialisation Strategy

Identifying defensible verticals such as pharma cold chain, automotive inbound, FMCG, and e-commerce returns.

05

Investment & Growth Advisory

PE readiness, M&A target assessment, bolt-on acquisitions, and operational gap closure for institutional capital.

WHAT THIS MEANS FOR YOU

3PL and 4PL operators that work with us are building the commercial, operational, and technology foundations to compete at the next level of the Indian market — not defending a position that is being eroded by operators who invested earlier and at greater scale.

INDUSTRY FOCUS

Port & Terminal Operations

Strategic, operational, concession, regulatory, and transaction advisory for port and terminal operators in India’s evolving maritime infrastructure landscape.

855M+ metric tonnes handled by India’s major ports in FY 2024-25

India's major ports handled over 855 million metric tonnes in FY 2024-25, growing at a 6.2% CAGR over the past two decades across both major and non-major ports.

The passage of five new maritime acts, the landlord port model, Vadhavan deep-draft development, Galathea Bay, and Harit Sagar guidelines are reshaping how port and terminal operators manage concessions, performance, tariffs, sustainability, and investment.

We work with port and terminal operators on both the strategic and commercial dimensions of these questions.

WHERE WE WORK

Where We Work With Port and Terminal Operators

01

Operational Benchmarking & Performance Improvement

Terminal productivity benchmarking, crane moves per hour, vessel turnaround, yard density, gate throughput, and implementable operational improvements.

02

Concession Strategy & Renewal Advisory

Concession extension strategy, MCA interpretation, throughput guarantee renegotiation, capex phasing, and port authority relationship management.

03

Commercial Strategy

Shipper and shipping line relationship management, tariff strategy, value-added service development, and hinterland connectivity planning.

04

Green Terminal Transition Advisory

Harit Sagar compliance, green tug transition economics, shore power investment appraisal, and ESG positioning for investors and shipping lines.

05

Transaction Advisory

Buy-side and sell-side advisory for terminal acquisitions, concession transfers, divestments, and sector-specific due diligence.

WHAT THIS MEANS FOR YOU

Port and terminal operators that work with us manage their regulatory environment, concession relationships, and operational performance with the sector depth that maritime infrastructure requires — not generic operational consulting that misses the variables determining competitive position in India’s evolving port landscape.

INDUSTRY FOCUS

Rail Logistics Operations

Advisory for ICD operators, private freight terminal operators, container train operators, and large shippers evaluating modal shift in the DFC era.

1,506 km

Western DFC from JNPT to Dadri

60 km/h

Average DFC train speed

India's rail freight landscape has changed more fundamentally in the past two years than in the preceding two decades. The Eastern DFC was completed in October 2023, and the Western DFC was commissioned in full on 31 March 2026.

DFC trains now average 60 km/h against the legacy network's 25 km/h, cutting Delhi-Mumbai transit time by half. Trucks-on-Trains, high-speed small cargo services, and new planned corridors are redrawing the commercial map for every business that moves cargo across India.

We work with businesses across the rail logistics ecosystem on the strategic and commercial questions that the DFC creates.

WHERE WE WORK

Where We Work With Rail Logistics Operators

01

DFC Strategy and Positioning

Positioning ICDs, container train operators, and logistics parks for DFC-era routes, cargo types, and customer segments.

02

Modal Shift Advisory for Shippers

TCO modelling, SLA comparison, and operational transition planning for shifting freight from road to DFC-connected rail.

03

ICD Investment and Operations Advisory

Site selection, cargo demand assessment, licensing, infrastructure planning, and DFC-connected ICD operating design.

04

Trucks-on-Trains and Multimodal Product Strategy

Commercial programmes around Trucks-on-Trains, high-speed small cargo services, and customer acquisition for target verticals.

05

Regulatory and Commercial Framework

CONCOR agreements, private freight terminal licensing, DFCCIL terms, and approvals for rail-linked warehousing and ICD development.

WHAT THIS MEANS FOR YOU

Rail logistics operators that work with us are building their commercial strategy for the DFC network that now exists — not the legacy rail freight model that shaped their business a decade ago.

INDUSTRY FOCUS

Manufacturing — Auto, Industrial & FMCG

Supply chain strategy, network design, logistics optimisation, and manufacturing transformation advisory.

14 PLI Sectors
90%+ Manufacturers Relocating Production
DFC Next Generation Freight Infrastructure
Industry Context

India's manufacturing sector is at the centre of two simultaneous structural shifts. The China-plus-one sourcing reorientation is making India a more significant node in global manufacturing supply chains, while PLI schemes are driving production expansion across multiple sectors.

Automotive, industrial manufacturing, and FMCG businesses are now redesigning logistics models around DFC rail connectivity, GST-optimised warehousing, and more sophisticated outsourcing partnerships.

WHERE WE WORK

Where We Work With Manufacturing Organisations

01

Supply Chain Network Design

Inbound and outbound logistics strategy, warehouse footprint, routing, modal selection, and GST-optimised inventory positioning.

02

3PL Selection & Contract Advisory

Vendor evaluation, SLA design, outsourcing strategy, governance frameworks, and commercial negotiations.

03

DFC Modal Shift Evaluation

TCO modelling, service comparisons, transition planning, and rail adoption strategy for suitable corridors.

04

Import Supply Chain Optimisation

Customs efficiency, port and ICD selection, documentation review, and inbound supply chain improvement.

05

Logistics Cost Benchmarking

India-specific benchmarking against peers to identify the highest-value improvement opportunities.

WHAT THIS MEANS FOR YOU

Manufacturing organisations that work with us build supply chain networks calibrated for India's evolving logistics infrastructure — capturing the advantages of DFC rail, GST-optimised warehousing, and structured 3PL partnerships.

INDUSTRY FOCUS

E-commerce & Retail

Fulfilment strategy, last-mile design, 3PL performance, reverse logistics, and cross-border e-commerce advisory.

$19.54B

E-commerce logistics market in 2025

20.4%

Projected annual growth

$103B

Projected market by 2034

India’s e-commerce logistics market reached $19.54 billion in 2025 and is projected to grow at 20.4% annually to $103 billion by 2034 — the fastest growth rate of any logistics sub-segment in the country.

Rising internet access, smartphone penetration, tier-2 and tier-3 demand, quick commerce expectations, dark store expansion, high return rates, and cross-channel D2C growth are making fulfilment far more operationally demanding.

We work with e-commerce platforms, marketplaces, and D2C retail brands on fulfilment strategy and logistics operating model decisions that match their growth trajectory.

WHERE WE WORK

Where We Work With E-commerce and Retail Businesses

01

Fulfilment Network Design

Warehouse, fulfilment centre, and dark store network design aligned to volume, geography, SLAs, category mix, and SKU-location logic.

02

3PL Selection & Performance Management

3PL evaluation, technology-stack assessment, commercial terms, KPI frameworks, and ongoing service-level governance.

03

Last-Mile Strategy

Carrier mix, serviceability mapping, returns management, dark stores, seller-flex, and hub-and-spoke fulfilment models.

04

Reverse Logistics Design

Returns infrastructure that reduces processing cost, improves resale inventory availability, and captures return-reduction data.

05

Cross-Border E-commerce Logistics

Export documentation, DGFT compliance, international carrier selection, duty drawback structuring, and global D2C fulfilment models.

WHAT THIS MEANS FOR YOU

E-commerce and retail businesses that work with us build fulfilment infrastructure that keeps pace with their growth — rather than discovering after a failed sale season or customer complaints that their logistics network was designed for the business they were, not the one they have become.

INDUSTRY FOCUS

Global Companies Entering India

India entry strategy, regulatory navigation, partner identification, JV structuring, and operational setup support for global logistics and shipping companies.

$14B → $35B

Projected India warehousing market growth from 2024 to 2029

India’s logistics market is attracting international operators at a rate not seen before — and for sound reasons. The market is large, structurally growing, and underserved by organised players.

The policy environment — 100% FDI in logistics and warehousing, the Major Port Authorities Act 2021’s landlord model, and the National Logistics Policy — is more internationally investor-friendly than at any previous point.

But entering India is not straightforward. The regulatory environment is multi-layered, customer acquisition is relationship-driven, talent is competitive, and infrastructure quality varies significantly across states, corridors, and industrial zones.

We work exclusively with global logistics and shipping companies entering or expanding in India — providing on-ground intelligence, regulatory navigation, partner identification, and operational setup support.

WHERE WE WORK

Where We Work With Global Companies Entering India

01

Market Entry Strategy

Market sizing, competitive assessment, entry mode selection, phased roadmap, and financial modelling under realistic India assumptions.

02

Regulatory Navigation

FDI compliance, incorporation, CBIC/customs registration, MTO licensing, labour law, GST registrations, and clearance management.

03

Partner Identification & JV Structuring

Identifying, vetting, and engaging Indian logistics partners, JV candidates, and strategic allies to accelerate market access.

04

Business Setup Support

Warehouse and office location selection, vendor identification, HR/payroll setup, technology localisation, and operating foundations.

05

Customer Acquisition Support

Initial customer identification, relationship-led outreach, and building reference accounts that establish credibility through performance.

WHAT THIS MEANS FOR YOU

Global companies that work with us enter India with a realistic, grounded plan — avoiding the common mistakes of underestimating regulatory complexity, overestimating initial revenue trajectory, and underinvesting in on-ground relationships.

INVESTOR ADVISORY

Investors & PE Funds

Commercial diligence, infrastructure investment advisory, portfolio optimisation, and exit preparation for investors deploying capital into India's logistics sector.

$2.82B PE investment in logistics & industrial real estate
62% Share of total PE real estate deployment
Investment Landscape

Private equity investment in Indian logistics and industrial real estate reached $2.82 billion in the nine months to December 2024. Major transactions including Reliance–ADIA/KKR, Blackstone–LOGOS, and IndoSpace Core demonstrate the scale of institutional capital flowing into the sector.

Beyond real estate, logistics operating businesses, freight forwarders, 3PLs, cold chain operators, ICD managers, and logistics SaaS platforms are attracting significant investment interest.

We work with PE funds, infrastructure funds, sovereign wealth vehicles, and strategic investors across the full investment lifecycle.

WHERE WE WORK

The Investment Lifecycle We Support

01

Deal Screening

Rapid assessment of opportunities covering market position, business defensibility, risk profile, and investment merit.

02

Commercial & Operational Due Diligence

Sector-specific diligence focused on value drivers and risks unique to logistics and infrastructure assets.

03

Infrastructure Investment Advisory

Feasibility, concession structuring, demand validation, and financing support for terminals, ICDs, and logistics parks.

04

Portfolio Optimisation

Commercial, operational, and technology improvements that convert investment thesis into measurable performance.

05

Exit Preparation

Operational readiness, ESG improvements, management strengthening, and valuation enhancement before sale.

WHAT THIS MEANS FOR YOU

Investors that work with us deploy capital into India's logistics sector with the sector intelligence to properly underwrite risk and the operational support required to convert opportunity into realised returns.