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 Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..