New Delhi: Road transport and highways minister Nitin Gadkari on Thursday said India's logistics cost will fall to single digits to around 9% before December 2025, which will increase profit margins for industries and businesses and make Indian products competitive in the international market.
Speaking at an event of the business chamber - PHDCCI, Gadkari cited a study by IIM Bangalore and IIT Chennai , which found out that logistics costs have dropped by 5-6% due to expansion of the highway network in the country. He added that the warehouse-to-consumer segment cost fell by 1.33%.
Speaking at an event of the business chamber - PHDCCI, Gadkari cited a study by IIM Bangalore and IIT Chennai , which found out that logistics costs have dropped by 5-6% due to expansion of the highway network in the country. He added that the warehouse-to-consumer segment cost fell by 1.33%.
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