New Delhi - The country's logistics cost is estimated at 7.97 per cent of India's gross domestic product (GDP) in 2023-24, according to a Department for Promotion of Industry and Internal Trade (DPIIT) report.It was prepared by NCAER (National Council of Applied Economic Research) for the department.
The report said estimates derived for the previous five years show that the pace of growth in the logistics cost is gradually slowing down.
This may be attributed to several initiatives such as
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