Union Minister Nitin Gadkari aims to reduce logistics costs to a single-digit percentage of GDP within two years.

Union Minister Nitin Gadkari announced that India aims to reduce logistics costs to a single-digit percentage of GDP within two years, currently between 7.8% and 8.9%. This reduction is linked to ongoing highway and expressway construction. Additionally, Gadkari highlighted India's potential in exporting alternative fuels and emphasized efforts to enhance the automobile sector, which has recently become the world's third-largest market.

October 17, 2024
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