Budget Group has tied up with world’s top international logistics companies, FARDAR Express, Network Courier and AJ Worldwide for a wider reach across China, Hong Kong, Singapore, US and European markets. The international consortium plans to invest close to USD 12 million through credit facility & investment into this partnership. This will expand its reach to the international network of 11 more countries. Apart from this Budget plans to invest another USD 3-5 million in next five years. Driven by growth in the manufacturing and improving infrastructure, the organised logistics in the country is projected to expand at 15-20 CAGR over the next five years.The Indian logistics industry is on the brink of yet another transformation with companies forging new alliances to transcend across geographical boundaries. Delhi-based logistics Indian multi-national firm, Indian logistics sector has grown at a rate of 15 percent in the last five years. It is poised for accelerated growth, led by improvement in transport infrastructure, increased e-retailing penetration, impending GST implementation, and other initiatives like ‘Make in India.’ According to market estimates, the proposed growth offers opportunities across the spectrum for companies in transportation, storage, distribution, and allied services. And companies operating in the space are trying to get a share of the overall pie.