MUMBAI -- India's logistics infrastructure is modernizing, with temperature-controlled rail transport and state-of-the-art warehouses set to help unlock multibillion-dollar opportunities.
The government sees the logistics industry growing to $215 billion a year around 2021 -- up more than 30% from 2017 and reaching the equivalent of the Japanese market. The state-owned Container Corp. of India, or Concor, is in the thick of it, as it looks to launch a commercial refrigerated rail service for the domestic market by October.