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India’s logistics costs to drop to single digit within five years : Nitin Gadkari

September 20, 2024
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India’s logistics costs to drop to single digit within five years : Nitin Gadkari

NEW DELHI : India’s logistics cost is set to fall to single digits within the next five years, according to Union Road Transport and Highways Minister Shri Nitin Gadkari. Speaking at the Deloitte’s Summit Arohana 2.0 – Growth with Impact, Gadkari highlighted ongoing highway and expressway projects aimed at reducing logistics costs significantly.

According to the National Council of Applied Economic Research (NCAER), India’s logistics costs ranged between 7.8% to 8.9% of GDP in 2021-22. Gadkari emphasized the importance of making the Indian automobile . . .

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Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.

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