India’s logistics costs is estimated to be 7.97 per cent of the GDP and 9.09 per cent of non-services output for FY24, a study by a New Delhi-based think tank said.
On an average, freight cost constitutes the majority share, accounting for 81.19 per cent of total cost.
Manpower is the largest warehousing cost head.
The report prescribes dedicated freight corridors to reduce congestion.
On an average, freight cost constitutes the majority share, accounting for 81.19 per cent of total cost.
Manpower is the largest warehousing cost head.
The report prescribes dedicated freight corridors to reduce congestion.
