India Aims to Slash Logistics Cost from 16% to Single Digit by 2024-End: Nitin Gadkari

Road Transport and Highways Minister, Nitin Gadkari has said that India’s logistics cost will come down from 16 percent of the nation's GDP to single digit by the end of the year. Addressing the ASSOCHAM Annual Conference in New Delhi today, Mr Gadkari said that India’s logistics costs are currently higher than some of its major competitors like US and China, which has inhibited export. The Minister highlighted that increasing exports is the most important agenda for the country which can on...