Mumbai - From 734 seconds in 2014, the waiting time at highway toll plazas has reduced to an average 47 seconds, the latest government data says—a development that ties into the country’s broader ambitions of lowering logistics costs to around 8-9 per cent of the GDP by 2030.

This reduction is crucial for India as it seeks to enhance its global competitiveness by slashing logistics costs, currently hovering at 13-14 per cent of the GDP and significantly higher than in most developed nations. To further support this goal, there is . . .