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News Entry# 310108
Jul 30 2017 (21:34) How Technology Is Shaping India's Logistics Industry (www.cxotoday.com)
New Facilities/Technology
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News Entry# 310108   
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Traditionally, the logistics spend of developed economies is about 5-6% of their respective GDP whereas in India, it is about 14-15% highlighting the unorganized and fragmented...

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Jul 31 2017 (16:22)
A2Z~
A2Z~   17505 blog posts
Re# 2367261-1              
Remedy for reducing the logistics cost of India which is too high at 14-15% against the global bench marks of 5-8%
Important steps required which are under various stages of planning/implementation to ensure much needed reduction in logistics cost
(1) Completion of 6 Dedicated freight Corridors planned plus doubling of other identified(saturated) routes
(2) Electrification of high traffic routes
(3)
...
more...
Sagar Mala and Internal water ways projects for freight movement
(4) Extensive use of RORO and Road-Railer for movement of non bulk goods

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