Russian collection hcn1/25/2024 India’s logistics sector is pivotal in achieving tenfold growth to $35 trillion by 2047, aligning with the China-Plus-One strategy.India’s improved Logistics Performance Index rank (38th in 2023) reflects the positive impact of digital reforms.įuture Prospects and the China-Plus-One Strategy.With 23 States/UTs aligning their policies with the NLP and 16 granting industry status to logistics, the initiative enhances overall competitiveness and global positioning.The LEADS report fosters healthy competition among States/UTs, encouraging logistics performance enhancement.The LEADS 2023 report reveals positive shifts in States’ performance, empowering decision-makers with region-specific data.Unlike the LPI, LEADS combines perception and objectivity, offering comprehensive insights into State/UT logistics performance.Conceived in 2018 by DPIIT, MoC&I, LEADS is modelled after the Logistics Performance Index of the World Bank.Logistics Ease Across Different States (LEADS) Construction of 40 air cargo terminals and provision of cold-storage facilities at 30 airports to promote exports.Approval for the development of 35 new parks to reduce logistics costs and enhance connectivity.Īir Cargo Terminals and Cold-Storage Facilities.Multi-Modal Logistics Parks under Bharat Mala Pariyojana Introduced to integrate 16 ministries, including Railways and Roadways, through a digital platform for coordinated infrastructure connectivity projects.
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