According to a release from the Ministry of Commerce and Industry, for the first time, India will have a comprehensive and scientifically derived estimate of logistics costs, using a hybrid methodology that combines secondary data with nationwide surveys.
Over the past three years, NLP has catalysed reforms across the logistics ecosystem, driving improvements in digital integration, skill development, policy alignment, and infrastructure planning. These initiatives have contributed significantly to enhancing efficiency and reducing logistics
New Delhi [India], September 16: Online furniture start-up Furnisquare has taken a customer-first leap by announcing free shipping across India, making premium and stylish furniture more accessible to households nationwide. This initiative marks a significant shift in the online furniture sp
Union Minister of Road Transport and Highways, Nitin Gadkari, on Sunday affirmed that India's logistics cost will come down to single-digit by the end of 2026.
In a significant step which will help decongest the railway network and reduce logistics cost, the Cabinet Committee on Economic Affairs on Thursday approved four multitracking projects covering 13 districts across six states with Prime Minister Narendra Modi stating that the decision is pa
In a significant decision which will help decongest the railway network and reduce logistics cost, the Cabinet Committee on Economic Affairs on Thursday approved four multitracking projects covering 13 districts across the states of Maharashtra, Madhya Pradesh, West Bengal, Bihar, Odisha,
Sanjeev Kumar, President - M&HCV at Ashok Leyland, said, "The overall road infrastructure is improving significantly. New highways are being built, and travel times are being reduced by almost 50 per cent. This will play a crucial role in lowering India's overall logistics costs."
Union Minister for Road Transport and Highways Nitin Gadkari on Monday stated that India's logistics costs have decreased by six per cent from 16 per cent, attributing the reduction to significant improvements in road infrastructure under Prime Minister Narendra Modi-led NDA government.
Union Minister Nitin Gadkari asserted on Monday Indian road infrastructure will be similar to America's in another two years, backing his argument that his government has ramped up spending in roads and highways over the past decade.
Karan Adani, who is the Managing Director of Adani Group ports business, on Friday said they aim to make the just-launched Vizhinjam International Deepwater Multipurpose Seaport the most-efficient port and help traders reduce their logistics costs.
Bringing down the logistics cost to single digits, as envisioned by the government, will only be possible if more organised players are brought into the sector, said Uddhav Poddar, Chairman and Managing Director of Kaushalya Logistics Limited (KLL).
Rajasthan CM Bhajanlal Sharma launched the Rajasthan Logistics Policy-2025, which aims to make the state a 350-billion-economy by 2030. The policy focuses on reducing logistics costs, enhancing connectivity, and providing incentives for industries.