Commerce ministry working on logistics portal to prune massive costs

The logistics division of the ministry has been mandated to reduce the country's logistics cost, currently at a staggering 14% of the GDP

In a bid to cut India’s massive logistics costs, the commerce department is arming itself with a national digital tool to map logistics bottlenecks, freight movements and even toll congestions, along with a logistics portal where businesses can procure and sell services.

The logistics division of the ministry, set up in July 2017, has been mandated to reduce the country’s logistics cost, currently at a staggering 14 per cent of the GDP. 

Both the portal as well as the associated digital tool will help boost logistics infrastructure, optimise processes and aid in monitoring and tracing, N Sivasailam, special secretary at the logistics