Union Minister Nitin Gadkari projects India's logistics costs to drop to single-digit percentages within five years with new highways.
Union Road Transport and Highways Minister Nitin Gadkari announced at the 'Deloitte Government Summit' that India's logistics costs are projected to drop to single-digit percentages within five years, aided by new highways and expressways. Currently, these costs range from 7.8% to 8.9% of GDP. Gadkari also aims to elevate India's automobile sector to the top globally and stressed the importance of increasing exports and reducing imports for economic growth.
September 19, 2024
9 Articles