India’s Logistics cost to come down by 9 per cent

19 Dec 2022 CW Team

India's logistics costs, which are currently 16 per cent of the country's GDP, will be reduced to 9 per cent by the end of 2024, thanks to the country's expanding infrastructure, said Union Minister Nitin Gadkari. Addressing the annual convention and 95th AGM of FICCI, the minister promised that the country's logistics costs, which are currently 16 per cent of GDP, will fall to single digits, eventually reaching 9 per cent of GDP by the end of 2024. "It will help us get more exports," Gadkari said, adding that the time has come to expand our business and presence in the international market. He went on to say that by the end of 2024, India's road infrastructure would be up to American standards.

Gadkari added that India is on the path to creating an inclusive Bharat by following Prime Minister Narendra Modi's vision of increasing investment, economic growth, and job creation in order to achieve sustainable development. However, he stated that there is a need for cooperation, coordination, and communication among all stakeholders. Gadkari also mentioned battery chemistry research, saying that India should be a leader in the field. He went on to say that the government wants to double the automobile industry to Rs.15 trillion. This will create new jobs and position India as one of the world's largest automobile manufacturers.

Also read:
Puducherry to get facelift under Swadesh Darshan Scheme
NTPC hopes to commission Telangana STTP by fiscal year-end

Real Estate

08 May 2026

Integrated Waterproofing Strategies

Waterproofing buildings used to be an annual pre-monsoon affair but the evolution of real-estate development has changed that approach. In new developments, developers are weaving waterproofing solutions into both the design and construction phases, an approach that Nikhil Madan, Managing Director, Mahima Group, says, “is all about ensuring lasting durability [of the building] and keeping lifecycle risks including water seepage and extensive maintenance to a minimum.”Watertight by designAluminium formwork systems aren’t commonly thought of as a waterproofing tool but at the Mahima Group,..

GROHE Showcases Water-Led Design At Milan

GROHE unveiled its GROHE SPA Aqua Sanctuary at Milan Design Week 2026, transforming Piccolo Teatro Studio Melato into an immersive showcase of water, design and wellbeing. Built on the philosophy of ‘Wellbeing Through Water’, the installation reimagined bathrooms as holistic spaces for relaxation, rejuvenation and self-care.The Aqua Sanctuary was presented through three interconnected sanctums. The first showcased the 3D-printed GROHE SPA AquaTree shower and faucet, highlighting bespoke innovation and biophilic design. The second featured the Atrio Private Collection and GROHE SPA x Buster..

Rahee Group Expands Rail Manufacturing Capacity

Rahee Group has outlined a multi-year investment roadmap to expand its operational footprint and strengthen manufacturing capabilities for India’s growing railway and urban transit sector. The Group is expanding in Odisha with a new Track Component Casting Unit, for which the groundbreaking ceremony was held on 8 April 2026 in the presence of Odisha Chief Minister Mohan Charan Majhi.The Group’s flagship EPC arm, Rahee Infratech Ltd, continues to focus on complex rail infrastructure projects, including track systems, bridges, viaducts and ballastless infrastructure. Its wholly owned subsidi..