How India can use Covid as an opportunity to build logistics sector better
January 11th, 2022 by

Now, with the country in the third wave under the less-destructive Omicron variant, it is important to critically identify issues, ringfence crucial sectors to minimize impact, improve logistics to assist, especially in manufacturing, pharmaceuticals, food, and agriculture, integrated supply chains, exports and eCommerce.

The logistics industry is the lubricant for the moving wheels of the economy. It adds to efficiencies across the value chain, in manufacturing and trade, saving costs and time, making exports competitive, attracting FDI, creating jobs, and accelerating economic growth. However, India ranks 44th in the World Bank’s 2018 Logistics Performance Index (LPI) across 160 countries, with Germany at the top.

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