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

12 Nov 2021 CW Team

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

Infrastructure Energy

08 Oct 2025

India, Brazil Discuss Energy Ties And Oil Investments

Union Minister for Petroleum and Natural Gas Hardeep Singh Puri held discussions with Celso Luis Nunes Amorim, Special Advisor to the President of Brazil, and senior Brazilian officials to strengthen bilateral cooperation in the oil, gas, and energy transition sectors. The talks took place during a dinner hosted by Kenneth H da Nobrega, Ambassador of Brazil to India, at his residence in New Delhi.Mr Puri said the meeting focused on Indian investments in Brazil’s oil and gas sector, as well as expanding collaboration in energy transition and biofuels. “The enriching conversation revolved ar..

Infrastructure Energy

08 Oct 2025

ONGC To Invest Rs 8.11 Billion In Andhra Onshore Oil, Gas Project

The Oil and Natural Gas Corporation Limited (ONGC) is set to invest Rs 8.11 billion for the onshore development and production of oil and gas from 172 wells across eight Production Mining Licence (PML) blocks in Andhra Pradesh.A committee under the Ministry of Environment, Forest and Climate Change (MoEFCC) has recommended environmental clearance (EC) for the project during a review meeting held last month.According to the Expert Appraisal Committee (EAC) minutes, the total project cost is estimated at Rs 8.11 billion, with a capital allocation of Rs 172 million towards the Environment Managem..

Infrastructure Energy

08 Oct 2025

Tripura To Supply 40 MW Power To Mizoram For Christmas

The Tripura State Electricity Corporation Limited (TSECL) will supply 40 megawatts (MW) of power to Mizoram during the upcoming Christmas celebrations, continuing a long-standing tradition of power exchange between the two north-eastern states, officials confirmed on Sunday.During Durga Puja, the Mizoram State Power Corporation (MSPC) had supplied an equivalent 40 MW of electricity to Tripura to ensure an uninterrupted power supply during the festive period.“We had an agreement to receive 40 MW during Durga Puja, although the full amount was not utilised due to lower-than-expected demand in ..