Logistics Costs News - Latest Updates & Headlines
India eyes single-digit logistics costs to rival China & US, says Nitin Gadkari
New Delhi, March 20: Nitin Gadkari, Minister for Road Transport & Highways emphasized the nation's commitment to reducing logistics costs from the current 14-16 per cent to single digits, positioning India to compete effectively with global economic powerhouses like China and the US, at 32nd Convergence India & 10th Smart Cities India Expo.
Govt's infrastructure push to enable India's logistics compete with China, US: Gadkari
New Delhi, March 20: With the rapid development of infrastructure, the government aims to bring down logistics costs by more than 5 percentage points to less than 10 per cent of GDP so that India becomes more competitive with China and the USA, Union Minister for Road Transport and Highways Nitin Gadkari said on Thursday.