Strong infrastructure development through initiatives like PM Gati Shakti and National Logistics Policy will help India find a place among top 25 nations on the World Bank Logistics Performance Index by 2030, a report said. India ranks 38th in the World Bank Logistics Performance Index (LPI) out of 139 countries and aims to be in the top 25 by 2030. The study conducted by Global exhibitor Messe Stuttgart India in partnership with EAC International Consulting was released on Tuesday ahead the international logistics exhibition LogiMAT India 2025 which is scheduled from February 13-15 at the Bombay Exhibition Centre, Mumbai. The report highlights that strong infrastructure development through initiatives like PM Gati Shakti and the National Logistics Policy are going to be the key drivers to achieve this (India's aim to be in top 25 by 2030 in LPI). The Indian freight and logistics market is projected to grow at an annual rate of 8.8 per cent to reach USD 484.43 billion by 2029, up f
Says spike in India's trade and cooperation with Russia should not be considered temporary
"This transaction will result in significant cash proceeds and provide for growth plans of the company, formerly known as Transindia Realty & Logistics Parks Limited," it said
Creates a portfolio of Rs 2,300 crore across five cities, aggregating to about 6.6 million square feet of gross leasable area
RIL emerged as the winning bidder for the public-private-partnership (PPP) project, with its own investment pegged at Rs 783 crore
It already has a similar arrangement with NHAI for its Wardha dry port, its Chairman Sanjay Sethi said at a media briefing
A dive into the logistics challenges involved in setting them up, and the how the parks will work once up
At least 35 such projects planned across the country with a capital allocation of Rs 50,000 crore, says CEO
The largest of these is the $3-billion corpus set aside by the National Investment Infrastructure Fund to buy or sponsor a port and logistics-related projects in India through DP World (DPW)
Parks would cut transport cost by 10% for industries, allow freight movement on larger trucks & rail