From the pages of CargoTalk: Why logistics cost in India is high: Sunil K. Vaswani

Talking about major factors which have led to an increase in the cost of logistics in the country, Sunil K. Vaswani, Executive Director, Container Shipping Lines Association (CSLA) India shares some of the spots where the shoe really pinches. He says, “While on the one hand, India aspires to be a US$ 5 trillion economy by 2024-25, on the other, its cost of logistics remains high at 14 per cent of the GDP, as compared to eight to nine per cent in the case of the developed economies of the world. The reasons for these are varied, some of which are commonly known while the others, although equally important if not more, are not generally talked about.”