India’s logistics cost will be below 9 pc of GDP by April next year: Nitin Gadkari

India’s logistics cost will be below 9 pc of GDP by April next year: Nitin Gadkari

New Delhi: India’s logistics cost will come down to 9 per cent of GDP by April next year, Union Minister Nitin Gadkari said on Thursday. Addressing an event here, Gadkari further said the country’s exports will also increase when the logistics cost comes down to single digit. “Our logistics cost now is 16 per cent…It … Read more

Unwarranted stoppages of trucks by police, RTO pushes logistics cost: Report

Unwarranted stoppages of trucks by police, RTO pushes logistics cost: Report

Unwarranted stoppages of trucks by police and transport authority officials is adding to the logistics cost of industry, according to the commerce and industry ministry’s LEADS 2022 (Logistics Ease Across Different States) report. The issue was cited as a major operating and regulatory concern by the industry of different states. Giving the feedback to the … Read more