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India can save logistics fuel worth Rs 311 lakh crore between 2020 and 2050: Report

New Delhi [India], June 9 (ANI/PR Newswire): NITI Aayog, RMI and RMI India's new report, titled 'Fast Tracking Freight in India: A Roadmap for Clean and Cost-Effective Goods Transport', presents key opportunities for India to reduce its logistics costs.

India can save logistics fuel worth Rs 311 lakh crore

India can save logistics fuel worth Rs 311 lakh crore ANI 09 Jun 2021, 21:37 GMT+10 New Delhi [India], June 9 (ANI/PR Newswire): NITI Aayog, RMI and RMI India s new report, titled Fast Tracking Freight in India: A Roadmap for Clean and Cost-Effective Goods Transport , presents key opportunities for India to reduce its logistics costs. Due to the rising demand for goods and services, freight transport demand is expected to grow rapidly in the future. While freight transport is essential to economic development, it is plagued by high logistics costs and contributes to rising CO2 (carbon dioxide) emissions, and air pollution in cities. According to the report, India has the potential to: Reduce its logistics cost by 4 percent of the Gross Domestic Product (GDP) Achieve 10 gigatonnes of cumulative CO2 emissions savings between 2020 and 2050 Reduce Nitrogen Oxide (NOx) and Particulate Matter (PM) emissions by 35 percent and 28 percent, respectively until 2050 Freight transportation

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