Page 26 - ITLN July - Aug 2023 for Magzter
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Industry Report
Logistics
Competitiveness
Reshaping India’s
Logistics Sector
The logistics sector in India is rapidly expanding. The industry has high hopes to
achieve the 25th position on the Logistics Performance Index by 2030 with supportive
government initiatives such as DFCs, but the primary challenge is high logistics
costs. Because of the high expenses of road logistics, several logistics businesses are
shifting to rail logistics. The government wants to reduce the cost to a single digit, but
when will that happen? Let's find out.
Zinal Dedhia
24
July - August 2023 www.itln.in
