India spends 14% of its GDP on logistics versus 6-7% elsewhere
Shailesh Ghorpade · Shailesh Ghorpade on Exfinity's journey to partner with the best SaaS startups of India · Dec 28, 2020 · at 13:40
Shailesh Ghorpade, Managing Partner at Exfinity Venture Partners, discusses the macro thesis behind investing in logistics SaaS startup Locus.
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“Logistics in India has been, for example, you know, a very, very hot space in the sense that, you know, we spend close to about 14% of our GDP on, on logistics costs. The developed countries spend about six to seven percent.”
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