Freight corridors reduce logistics costs to 8-9% of GDP
after close1 source ↓written by the desknot a recommendation
- of GDP
- 14% to 8-9%
The Dedicated Freight Corridor Corporation of India (DFCCIL) announced that logistics costs have dropped from 14% to 8-9% of GDP, translating to approximately ₹24 lakh crore. This reduction enhances India's industrial competitiveness and promotes self-reliance. Railways, at ₹1.96 per km, remain the most cost-effective transport mode, further driving economic growth.
Not investment advice. For informational purposes only.