Logistics Performance Index 2023: India Ranks at 38th position
India has made significant progress in the Logistics Performance Index (LPI) ranking, securing the 38th spot out of 139 countries, according to the latest report from the World Bank.
Logistics Performance Index (LPI) 2023 ranking: Top 10 countries
1. Singapore,
2. Finland,
3. Denmark,
4. Germany,
5. Netherlands
6. Switzerland,
7. Austria,
8. Belgium,
9. Canada,
10. Hong Kong SAR, China
Progress in Enhancing Logistics Performance: India’s Advancement
This advancement marks a substantial improvement from its previous ranks of 44 in 2018 and 54 in 2014, highlighting the nation’s dedication to enhancing its logistics infrastructure and efficiency.
Strategic Initiatives: PM GatiShakti National Master Plan and National Logistics Policy
The introduction of the PM GatiShakti National Master Plan focusing on multimodal connectivity and the implementation of the National Logistics Policy highlight India’s determination to boost logistics efficiency and minimize costs.
- These strategic frameworks offer a blueprint for enhancing connectivity and streamlining logistics activities nationwide.
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