“India is on the cusp of becoming a $5 trillion economy”

Explaining on how the country’s economy will be benefitted with the multi modal way of transportation, Chander Agarwal, MD, TCI Express said, “India is on the cusp of becoming a $5 trillion economy meaning that the logistics cost is going to be $1 trillion approximately. This is a great opportunity for the logistics companies to enhance their capabilities and become leading service providers in the country. Multi modal will benefit the Indian economy in a big way because of a vast coastline and land area. Multi modal may help in bringing down the cost for the logistics sector, moreover, the overall efficiency and the transfer of goods from manufacturer to consumer will be at a much faster pace.”