Business Standard

Ease of moving

Lower logistics costs will boost output

goods, transport, shipment, train, railways, logistics

Business Standard Editorial Comment Mumbai
India’s infrastructure deficit is often regarded as one of the biggest constraints in rapid economic growth. The lack of proper infrastructure adds to the overall cost of production and affects the competitiveness of Indian businesses. The government has been working in this area and invested a significant amount of resources in recent years. However, along with improvement in infrastructure, its efficient use is important to contain costs. The National Logistics Policy, launched by Prime Minister Narendra Modi last week, should help Indian businesses improve efficiency over time. Logistics costs in India are estimated to be 13-14 per cent of gross

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First Published: Sep 18 2022 | 9:30 PM IST

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