India Aims for Top 25 in Global Logistics by 2030
India is set to strengthen its logistics sector through initiatives like PM Gati Shakti and the National Logistics Policy, aiming to enter the top 25 of the World Bank’s Logistics Performance Index (LPI) by 2030. Currently ranked 38th out of 139 nations, India is witnessing rapid infrastructure development, multi-modal transformation, and policy-driven logistics advancements. With an expected market size of $484.43 billion by 2029, the government aims to reduce logistics costs from 13-14% of GDP to single digits. The study, released ahead of LogiMAT India 2025, emphasizes the role of advanced technologies and public-private partnerships in positioning India as a global logistics hub.
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Summary/Static | Details |
Why in the news? | India Aims for Top 25 in Global Logistics by 2030 |
LPI Rank (Current & Target) | 38th (2024) → Top 25 (2030) |
Major Government Initiatives | PM Gati Shakti, National Logistics Policy |
Growth Rate | 8.8% annually |
Projected Market Size (2029) | $484.43 billion |
Logistics Cost Reduction Target | From 13-14% of GDP to single digits by 2030 |
Infrastructure Investments | ₹11.17 lakh crore (434 projects) |
Key Sectors for Improvement | Energy, minerals, cement, port connectivity, high-traffic corridors |
Transport Time Reduction | 66% (via high-speed roads, hyperloops, airports) |
India’s Global Economic Ranking (2026) | Expected to surpass Japan, becoming the 4th largest economy |
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