Remedy for reducing the logistics cost of India which is too high at 14-15% against the global bench marks of 5-8%
Important steps required which are under various stages of planning/implementation to ensure much needed reduction in logistics cost
(1) Completion of 6 Dedicated freight Corridors planned plus doubling of other identified(saturated) routes
(2) Electrification of high traffic routes
(3)...
more... Sagar Mala and Internal water ways projects for freight movement
(4) Extensive use of RORO and Road-Railer for movement of non bulk goods