Logistics Costs to Drop Soon

22 Oct 2024 CW Team

India's logistics costs are set to fall to single digits within the next two years, according to Union Minister Nitin Gadkari. This reduction will be achieved through ongoing infrastructure development and government initiatives aimed at enhancing transportation efficiency across the country. Currently, India's logistics costs, which hover around 13-14% of GDP, place a burden on manufacturing and exports, making the country less competitive in global markets.

The government is focusing on multiple areas, including improving the road network, expanding railways, and enhancing port connectivity to streamline freight movement. Initiatives under the Gati Shakti plan, which seeks to boost the integration of different modes of transport, are expected to play a significant role in reducing these costs. The Ministry of Road Transport and Highways is also prioritizing the use of green energy solutions and alternative fuels to ensure more cost-effective and sustainable logistics.

Reducing logistics costs will provide a major boost to India's manufacturing sector, which relies heavily on the efficient movement of goods across the country. It will also improve the country’s global competitiveness by enabling companies to transport products at lower costs, thus enhancing export potential. Additionally, as logistics costs decrease, consumers could see lower prices for goods, further contributing to economic growth.

The Indian government’s emphasis on infrastructure modernization, combined with innovative technological solutions, is expected to significantly cut costs in the supply chain and logistics sector. With this improvement, India is poised to better integrate with global trade systems, enhancing both its manufacturing capacity and export potential. The logistics sector’s transformation will be critical in driving economic progress, benefiting industries and businesses across the board.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..