INTRO AND RECENT SCENARIO 3 ARTICLE Logistics are considered as the principal strength of the economy, that provides the efficiency and cost-effectiveness in the flow of goods to fulfill the demand of other commercial sectors. The industry of logistics is growing at fast pace in India; it acts as the interplay of technology, infrastructure and other new service providers which demonstrates that logistics sector is capable of providing the reduced cost to its customers along with adequate services. Regardless of the weak economic tendency, this industry is witnessing humungous growth due to the development in the retail, manufacturing and e-commerce sectors. The global logistics industry was anticipated to grow by 10-15% from 2013 to 2014, and now it is expected to cross USD 2 billion by 2019. The growth of e-commerce logistics and an elevated rate of domestic consumption will guide the functioning way for the industry in the upcoming years. The service-oriented logistics ...