The Indian site joins 10 other localized versions of uShip, including the United Kingdom, Germany, France, Spain, the Netherlands, Austria, the rest of the European Union, the United States, Canada and Australia.
The launch of uShip India will introduce a nation of more than 1.1 billion people to the world’s largest online marketplace for transport services. We see this as a huge opportunity in a rapid-growth economy. At present, the Indian freight industry generates $140 billion and makes up 14% of India’s GDP.
The Indian government has made great strides in infrastructure investment, and naturally uShip is excited to be a part of the growth of this emerging market.
Since about 80% of India’s transport services are provided by independent owner-operators and small fleets, we expect the uShip platform will empower many small businesses across the subcontinent.
Not to mention, the Internet economy is among the fastest-growing in the world, with ecommerce and mobile markets growing by leaps and bounds every year. uShip looks forward to forming strategic partnerships with online businesses in India to solve their shipping needs.