Logistics costs likely to be in single-digits by 2025-end’

As India marks three years of NLP, Ketan Kulkarni, MD & CEO, Allcargo Gati Limited and GESCPL says, “In three years, the National Logistics Policy (NLP) has emerged as a catalyst for transformation, reshaping India’s logistics sector into one that is cost-efficient, transparent, and globally competitive. With logistics costs likely to approach single digits at around 9 per cent of GDP by 2025-end and facilitation of seamless multimodal transport, the policy is fostering a supply chain ecosystem that is faster, greener, and better connected.” He added, “The NLP has laid the groundwork for digital transformation in logistics, creating an enabling environment that allows platforms, such as the Open Network for Digital Commerce to integrate with logistics service providers and bring innovative technology solutions to smaller businesses. Coupled with the recent GST rate reduction, these reforms are driving enhanced regional connectivity, expanding trade opportunities, and stimulating economic activity nationwide.”