
New Delhi: India improved it's rank in the World Bank's Logistic Performance Index 2023 by climbing of 16 places. It is noted that the investments like soft & hard infrastructure and technology helps to climb this ladder.
The World Bank report has ranked India at 38 among 139 countries, it is also said that end-to-end supply chain digitalisation is allowing countries, particularly emerging economies like India, to shorten port delays by up to 70% compared to those in developed countries
Read Also : Shri Ashwini Vaishnaw chaired meeting of Consultative Committee for Ministry of RailwaysThe Prime Minister, Shri Narendra Modi has expressed his happiness over over India’s spectacular climb of 16 places in World Bank’s Logistic Performance Index.
Read Also : Shri P Upadhyay INAS takes over as Director General of Naval Armament
On that he said:
“An encouraging trend, powered by our reforms and focus on improving logistics infrastructure. These gains will reduce costs and make our businesses more competitive.”
Read Also : Mr Vikraman N takes charge as Director (HR) of BEL
News Must Read
- PFC bids farewell to Shri R.S. Dhillon, CMD
- CIL increased non-coking coal prices by 8%; expects Rs 2703 Cr Revenue
- Coal Minister Pralhad Joshi reviewed NCL's performance
- NMDC delayed commissioning of its newly demerged steel plant
- Power ‘Mini Ratna’ NHPC reports Net Profit up by 8% of Rs 3834 cr during FY23
- Salim G. Purushothaman assumed additional charge of CMD, BCL
- Union Coal Minister Pralhad Joshi inaugurates 1st Mining Start Up Summit at IIT Bombay
- MOIL double its digit production target in FY’24; Reports 250.59 cr profit in FY23
- ISRO launches GSLV NVS-01 mission
- WAPCOS and NLCIL's strategic collaboration for various development projects