‘Bharat­mala to lower lo­gis­tics costs’

Cargo Talk - - Product -

Roads built un­der In­dia’s am­bi­tious Bharat­mala pro­gramme will in­crease ve­hi­cle trav­el­ling speed by around 20-25 per cent, thereby help­ing re­duce lo­gis­tics costs, said Nitin Gad­kari, Union Min­is­ter for Road Trans­port, High­ways and Ship­ping, and Wa­ter Re­sources, River De­vel­op­ment and Ganga Re­ju­ve­na­tion. This in turn would help re­duce In­dia’s sup­ply chain cost to 6 per cent from the present lev­els of 18 per cent. In­dia has been grap­pling with high lo­gis­tics costs of 16-18 per cent, which make its ex­ports un­com­pet­i­tive vis-à-vis China, which has lower lo­gis­tics costs of 8-10 per cent.

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