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.

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..