Logistics cost in India to come down to 9% in next 2 years: Nitin Gadkari

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Speaking during bauma Conexpo India, the Road Transport and Highways Minister said that "presently our logistics cost is 14-16 per cent...

Union minister Nitin Gadkari on Wednesday said the logistics cost in India will come down to 9 per cent within two years.

The minister further said the automobile industry is one of the important industries that is giving maximum revenue as part of GST to the state governments and the Centre.

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Category: BusinessFinance

Markets: IndiaChina

Topics: Logistic cost in India Gadkari Road Transport and Highways Minister Union Minister Logistic cost

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News Sentiment: Negative

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Article Type: News Report

Published On: 2024-12-11 @ 18:06:15 (1 days ago)

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News Source URL: business-standard.com

Language: English

Article Length: 244 words

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Sentences: 12 lines

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News ID: 24353696

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