

India Launches First Comprehensive Report on Logistics Costs
On the occasion of a decade of Make in India, Union Minister for Commerce and Industry, Shri Piyush Goyal, today in New Delhi launched the Assessment of Logistics Cost in India report. For the first time, India has a scientifically derived estimate of logistics costs, using a hybrid methodology that combines secondary data with nationwide surveys. This initiative aligns with the National Logistics Policy (2022), which mandates a uniform framework for measuring logistics costs and benchmarking them globally.Shri Goyal highlighted multiple government initiatives aimed at making logistics more co..

India Launches IPRS 3.0 to Benchmark Industrial Parks
On the occasion of a decade of Make in India, Union Minister for Commerce and Industry, Shri Piyush Goyal, today launched the Industrial Park Rating System (IPRS) 3.0 in New Delhi. Developed by the Department for Promotion of Industry and Internal Trade (DPIIT) with support from the Asian Development Bank (ADB), the initiative aims to strengthen India’s industrial ecosystem and enhance the competitiveness of industrial infrastructure.Shri Goyal highlighted that the Government is developing 20 plug-and-play industrial parks and smart cities under NICDC, with four completed, four under constru..

India Launches LDB 2.0 to Boost Digital Logistics Tracking
On the occasion of a decade of Make in India, Union Minister for Commerce and Industry, Shri Piyush Goyal, today launched Logistics Data Bank (LDB) 2.0 in New Delhi, advancing India’s goal of a digitally empowered, investment-ready, and export-competitive economy. LDB 2.0 provides critical insights into logistics facilities and infrastructure, enabling real-time tracking, performance assessment, and improved planning to reduce costs and enhance efficiency. The system is designed to strengthen supply chains, support businesses, and make India’s logistics ecosystem more competitive and busin..