Logistics sector to create 3 lakh jobs: TeamLease

TeamLease Services estimates that the logistics sector will create employment for at least three million people by 2022, with the road freight industry alone contributing nearly 63 per cent or 1.9 million new jobs. Waterways and air freight are expected to be the other big creators of new jobs. In all, the sector is likely to employ, conservatively, at least 13.9 million, from the current 10.9 million. It also forecasts that most of these potential three million jobs would be concentrated in the bigger cities.

Delhi, Mumbai, Chennai and Bengaluru would together account for 1.74 million new jobs and Kolkata, Hyderabad and Pune would add another 0.68 million jobs. However, the fastest growth of jobs would be from smaller cities such as Vijayawada, Allahabad, Guwahati and Raipur.