Potential in road logistics attracting startups: Report

New Delhi, Oct 15 () Challenges in India’s road logistics sector such as fragmentation in the ecosystem is attracting start-ups to work in this segment, according to a report.
India’s road logistics sector is plagued by quite a few challenges, such as fragmentation in the ecosystem and information asymmetry due to multiple intermediaries that leads to low asset utilisation, the report by Deloitte said.

“Given this scenario, a host of start-ups have taken on the challenge of organising this largely unorganised sector to serve the owner-operator community,” the report titled A time of reckoning: Road logistics in India’ said.

In the process, the budding entrepreneurs are carving new channels, and meeting both existing and new needs of the historically under-served truck owner community, it added.