 "Indian mining industry")
Steep logistics cost and infrastructure bottlenecks are weaning away the competitiveness of Indian mining.
India's logistics cost as a percentage of its GDP is 14 per cent, against 10 per cent in America and Japan, and 11 per cent for the European Union. The cost of moving steel in India is 2.3 times that of China.
Another reason is infrastructure constraints. Railway freight traffic has more than doubled over two decades while the total route length has grown by only five per cent. Mineral-laden areas continue to grapple with a cramped rail network.
Another reason is infrastructure constraints. Railway freight traffic has more than doubled over two decades while the total route length has grown by only five per cent. Mineral-laden areas continue to grapple with a cramped rail network.
On the roads, congestion is equally
