India logistics costs drop to 8% of GDP
after close1 source ↓written by the desknot a recommendation
- have fallen
- 8.0% of GDP
- a decade ago
- 13-14%
India's national logistics costs have fallen to 8.0% of GDP, a significant decrease from 13-14% a decade ago. This improvement positions India as more cost-efficient than the US (8.8%) and China (14.4%). However, smaller chemical manufacturers still face challenges, with costs remaining high due to limited infrastructure access. 📉
Not investment advice. For informational purposes only.