+
Logistics cost could be brought down by 5% in five years: Piyush Goyal
WAREHOUSING & LOGISTICS

Logistics cost could be brought down by 5% in five years: Piyush Goyal

According to the Minister of Commerce and Industry, Piyush Goyal, as per information from Logistics Ease Across Different States (LEADS) Report 2021, logistics cost will be brought down by 5% in the next five years.

He said that Gujarat, Haryana and Punjab had acquired the top three positions in the Indian logistics ranking.

He also praised the actions taken by the government of Gujarat against LEADS 2019 recommendations, including widening the roads, implementing faceless services in licensing, expanding warehousing, among others.

He even congratulated UP for leapfrogging seven ranks since 2019, which is the highest among all states, driven by policy initiatives and higher infrastructure spending in logistics. LEADS 2021 has increased with the domestic and Exim Logistics Private Limited ecosystem of the state.

He added that the pace of highway construction had increased thrice from 12 km per day in 2013-14 to 37 km per day in 2020-21, and the railway Capex has increased four times from Rs 54,000 crore to Rs 2.15 lakh crore.

According to him, infrastructure, quality services, and a conducive regulatory framework are the three pillars of logistics. LEADS want to create an ecosystem for excellence by bringing in a healthy competitive spirit. Improving logistics services across the country will be a force multiplier for the logistics ecosystem.

LEADS 2018 focused on export-import trades and assessed the efficiency of logistics in state and Union Territory (UT). LEADS 2019 focused on both domestic and international trade, while LEADS 2021 focused on analysing domestic and Exim logistics in the state. It has used objective parameters and perception-based indicators for index formulation.

The LEADS report includes a detailed analysis of the LEADS performance of states and UTs, with the issues and challenges faced by the stakeholders and suggestions to mitigate the issues.

Image Source

According to the Minister of Commerce and Industry, Piyush Goyal, as per information from Logistics Ease Across Different States (LEADS) Report 2021, logistics cost will be brought down by 5% in the next five years. He said that Gujarat, Haryana and Punjab had acquired the top three positions in the Indian logistics ranking. He also praised the actions taken by the government of Gujarat against LEADS 2019 recommendations, including widening the roads, implementing faceless services in licensing, expanding warehousing, among others. He even congratulated UP for leapfrogging seven ranks since 2019, which is the highest among all states, driven by policy initiatives and higher infrastructure spending in logistics. LEADS 2021 has increased with the domestic and Exim Logistics Private Limited ecosystem of the state. He added that the pace of highway construction had increased thrice from 12 km per day in 2013-14 to 37 km per day in 2020-21, and the railway Capex has increased four times from Rs 54,000 crore to Rs 2.15 lakh crore. According to him, infrastructure, quality services, and a conducive regulatory framework are the three pillars of logistics. LEADS want to create an ecosystem for excellence by bringing in a healthy competitive spirit. Improving logistics services across the country will be a force multiplier for the logistics ecosystem. LEADS 2018 focused on export-import trades and assessed the efficiency of logistics in state and Union Territory (UT). LEADS 2019 focused on both domestic and international trade, while LEADS 2021 focused on analysing domestic and Exim logistics in the state. It has used objective parameters and perception-based indicators for index formulation. The LEADS report includes a detailed analysis of the LEADS performance of states and UTs, with the issues and challenges faced by the stakeholders and suggestions to mitigate the issues. Image Source

Next Story
Resources

KBL Expands Kaniyur Facility in Centenary Year

Kirloskar Brothers (KBL), a leading player in fluid management solutions, has inaugurated a new factory building at its Kaniyur Manufacturing Facility in Tamil Nadu. The expansion coincides with a milestone year marking 100 years since the company manufactured and installed India’s first centrifugal pump in 1926. The newly commissioned facility is aimed at enhancing productivity and operational efficiency, enabling the company to address rising domestic as well as international demand while upholding stringent quality benchmarks. Sustainability remains a central focus of the expansion. Ar..

Next Story
Equipment

Raimondi to Debut TRT 55US at CONEXPO

"Raimondi Group will present the TRT 55US rough terrain crane at CONEXPO 2026, marking the first product debut under its newly established Raimondi North America operations hub.Developed by Terex Rough Terrain, now part of the Raimondi portfolio, the 55-tonne model has been engineered specifically to meet North American operational, regulatory and environmental requirements.Designed for North American ApplicationsThe TRT 55US features a compact transport-friendly design, an additional jib configuration and a redesigned operator environment aimed at improving efficiency and precision. It offers..

Next Story
Infrastructure Transport

CPCL Ranks No.1 in NHAI DPR Ratings

"Chaitanya Projects Consultancy (CPCL) has secured the top position in National Highways Authority of India’s first-ever provisional DPR consultants rating, scoring 80.75 out of 100 and outperforming 55 peer firms.CPCL ranked ahead of Pentacle Consultants (78), L&T Infrastructure Engineering (76), MSV International Technology (74) and Transys Consulting (72). The ranking, released in the fourth week of January 2026, marks NHAI’s first transparent evaluation framework aimed at enhancing DPR quality under Bharatmala and other national highway programmes.The move aligns with the accountab..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Open In App