Logistics cost will fall to single digits: Nitin Gadkari

R Amin01 mins mins

<h2>Logistics</h2> <p> cost will fall to single digits: Nitin Gadkari” title=”Nitin Gadkari” decoding=”async” fetchpriority=”high”/></p></div> </div> </div> </section> </div></div> </div> <p>New Delhi: Road transport and highways minister Nitin Gadkari on Thursday said India’s logistics cost will fall to single digits to around 9% before December 2025, which will increase profit margins for industries and businesses and make Indian products competitive in the international market.<span class=Speaking at an event of the business chamber – PHDCCI, Gadkari cited a study by IIM Bangalore and IIT Chennai, which found out that logistics costs have dropped by 5-6% due to expansion of the highway network in the country.

He added that the warehouse-to-consumer segment cost fell by 1.33%.

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