Can I pursue my MBA in Logistics and Supply Chain Management from Indian Institute of Logistics, Chennai via correspondence?

You should go for regular education for MBA. Do MBA from elite B-Schools then you need to qualify CAT/MAT/XAT with a min of 50% in graduation. Elite B-Schools are: Indian School of Business (ISB), Hyderabad (accepts GMAT) Jamnalal Bajaj Institute of Management Studies, Mumbai (accepts CET) Xavier's Labour Relations Institute, Jamshedpur (accepts XAT) Lovely Professional University, Punjab (accepts/CAT/MAT/XAT/LPUNEST) Bharathidasan Institute of Management(BIM), Trichy Department of Management Studies, IIT Delhi Indian Institute of Foreign Trade, Delhi (own test) Management Development Institute (MDI), Gurgaon Narsee Monjee Institute of Management Studies, Mumbai (accepts NMAT) National Institute of Industrial Engineering (NITIE), Mumbai SCMHRD, Pune (accepts SNAP) SP Jain Institute of Management and Research (SPJIMR), Mumbai Shailesh J.Mehta School of Management, IIT Bombay Tata Institute of Social Sciences, Mumbai (own test)

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