India's $3 Trillion Logistics Business Development In 35 Years.
Companies, research institutes, and stakeholders endorsed Modi's logistics plan. First- and last-mile connections were emphasised in PM Gati Shakti. The policy aspires to build a rapid, fair, technologically sophisticated, integrated, cost-efficient, resilient, sustainable, and trustworthy logistics environment.
Logistics and infrastructure are issues. Logistics costs 12-13% of India's GDP and ranks 44th on the 2018 World Bank LPI. Logistics planning and organisation are important.
Indian logistics might reach $ 380 billion by 2025, up from $250 billion in 2021. The logistics sector might reach $3-$3.5 trillion by 2047, when India celebrates 100 years of freedom.