India’s logistics cost to reduce to single digit by December: Gadkari
NEW DELHI, Oct 17 (PTI): Logistics cost in India will come down to single digit by December this year, helped by rapid expansion of expressways and economic corridors, Union Minister Nitin Gadkari said on Friday.
Addressing ASSOCHAM Annual Conference 2025, Gadkari further said a recent report prepared by IIT Chennai, IIT Kanpur and IIM Bangalore has revealed that India’s construction of expressways and economic corridors has helped reduce the country’s logistics cost to 10 per cent from 16 per cent earlier.
“India’s logistics cost will come down to 9 per cent by December, which will help India become more competitive. I am sure that 100 per cent it is going to give benefit to our industry, our exports will be more competitive,” he said.
