Indian government’s premier policy think-tank NITI Aayog along with RMI and RMI India has released a new report titled “Fast Tracking Freight in India: A Roadmap for Clean and Cost-Effective Goods Transport”, which highlights key opportunities for India to bring down its logistics costs.
Owing to the increasing demands of goods and services, an increase in freight transport demand is expected. While it is essential for economic development, it is plagued by high logistics costs and contributes to rising CO2 emissions and air pollution in cities.
The Report states that India has the potential to:
Reduce its logistics cost by 4% of GDP
Achieve 10 gigatonnes of cumulative CO2 emissions savings between 2020 and 2050
Reduce nitrogen oxide (NOx) and particulate matter (PM) emissions by 35% and 28%, respectively, until 2050