The National Logistics Policy (NLP) seeks to galvanise the sector into an integrated, cost-efficient, resilient and sustainable ecosystem aiding overall economic growth, , National Logistics Policy, economy, magazine 3 December 2022
Led by Prime Minister Modi, the government’s push for aggressive transformation of the logistics infrastructure in the country is the need of the hour, say industry stakeholders.
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.