The study was conducted in collaboration with the National Council of Applied Economic Research (NCAER) combining primary data from over 3,500 industry stakeholders and secondary data from the Ministry of Statistics and Programme Implementation, the Reserve Bank of India and the Goods and Services Tax Network, an official release said.
Until recently, India’s logistics costs were often overestimated. Commonly cited figures of 13 to 14 per cent of GDP were based on partial or external data. This led to confusion in policymaking and misperceptions globally, the release observed.
India’s logistics sector is entering a new phase and converting itself into a faster, smarter and globally competitive sector, it noted.
The National Logistics Policy and the PM GatiShakti project have injected new momentum into this transformation, laying the foundation for a more integrated and data-driven logistics ecosystem. But strategy needs precision, and that starts with knowing the true cost of logistics, the release remarked.
The study highlights a critical insight: smaller firms face significantly higher logistics costs, which affect their ability to scale and compete. It also introduces benchmark freight costs per tonne-kilometre across various transport modes and distances. This data is essential for better supply chain planning and pricing.
All findings are available through a new interactive dashboard designed to support real-time analysis and informed decision-making.
With this data-backed clarity, both the government and industry can make smarter investments, design sharper policies and upgrade infrastructure faster.
ALCHEMPro News Desk (DS)
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