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The Logistics Cost of the Nation will be reduced to 9% -Union Minister

Union minister Nitin Gadkari has promised that the logistics of India will be reduced to a single digit 9% which is currently 16% while addressing the audience at the Annual Convention and AGM of FICCI. He also added that this timeline is not far, and it will be reflected by end of 2024. Also, he said that we can expand our business footprint in the international market as the reduction in Logistics costs will help in improving export business. According to him, the Indian road condition would be like that of America by the end of 2024.

Union minister also said that India is on the path of creating an inclusive India by following PM Narendra Modi’s vision of increasing investment, economic growth, and job creation in order to achieve sustainable growth. He said that govt is on a way to making the automotive industry 15 trillion. This will create new job opportunities along with that India will move to the number 1 position in the world automobile industry.

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