India Enhances Logistics Sector for Global Competitiveness

India is supercharging its logistics sector with policy reforms and technology-driven solutions, reducing logistics costs to 7.97% of GDP from previously estimated higher levels. New initiatives such as PM GatiShakti and programs like SMILE aim to integrate logistics planning at state and city levels, promoting efficiency, sustainability, and reduced costs. Multimodal transport, including road, rail, and inland waterways, is central to these efforts. Developments like the Eastern Dedicated Freight Corridor and the Ganga Waterway exemplify infrastructure investments to bolster connectivity and trade. These enhancements align with India's ambition to become a global logistics hub.

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