New Delhi: India's logistics costs have moved into the 8 to 9 per cent range of GDP, but further gains will depend on moving goods faster and making multimodal transportation work more effectively on the ground, according to Rajesh Menon, Associate Director, DPIIT Logistics Division, Ministry of Commerce & Industry.Speaking at the Indian Chamber of Commerce's Excellence in Motion: Redefining the Future of Logistics in India forum in New Delhi, Menon noted that average truck speeds on key freight corridors remain in the range of 50 to 60 kmph, compared with international benchmarks of 70 to . . .
Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.
You cannot copy content of this page
