National Logistics Policy 2022: It will focus on areas like process re-engineering, digitisation and multi modal transport. High logistics costs in India act as an impediment and bring down the competitiveness of domestic goods in the global market.
Modi also claims that this policy will bring down the logistics cost of businesses from 13-14 per cent to a single digit making India at par with countries like Germany and Japan, which are known for their developed logistics infrastructure and to spend around eight to nine per cent of the GDP on logistics.