Last mile delivery has become the most critical component of the e-commerce supply chain. With 70% of customers expecting same-day or next-day delivery, businesses are investing heavily in last-mile infrastructure.
Key innovations include:
- Route optimization algorithms
- Real-time tracking systems
- Micro-warehouses in urban areas
- Electric vehicle fleets
The last mile delivery market in India is projected to grow at a CAGR of 15% over the next five years.