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India Ranks 38 in World Bank's LPI

By Guest Author,

Added 01 August 2023

Landmark Inter-Ministerial Meeting Unveils India's jump in Global Logistics Performance Index 44 in 2018 to 38in 2023, crediting National Logistics Policy for transformational progress.

An inter-Ministerial meeting was convened by the Department for Promotion of Industry and Internal Trade (DPIIT) to review the implementation progress of the National Logistics Policy (NLP), marking its ten months since launch and revealing that India's ranking in the World Bank's Logistics Performance Index (LPI) has jumped six places from 44 in 2018 to an impressive 38 among 139 nations in 2023.

The National Logistics Policy, launched last year on September 17th, 2022, aims to complement PM GatiShakti and has witnessed substantial progress across key action areas, including digital integration, services improvement, state engagement, skill development, logistics performance index, logistics cost reduction, EXIM logistics, and more.

The meeting witnessed the active participation of eleven infrastructure and user Ministries, including Road Transport and Highways, Port Shipping and Waterways, Coal, Food and Public Distribution, Civil Aviation, Steel, Commerce, Fertiliser, Revenue, Skill Development and Entrepreneurship, and Power, along with the National Industrial Corridor Development Corporation Limited (NICDC).

 

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