Till now, logistics prices in India had been typically misrepresented, with generally cited figures of 13-14% of GDP derived from exterior research or partial datasets.
The federal government on Saturday mentioned a framework has been ready to scientifically derive the estimate of logistics prices of the nation.
This initiative follows the mandate of the Nationwide Logistics Coverage to ascertain a uniform framework for measuring logistics prices and benchmarking scientifically derived estimate of the associated fee.
“For the primary time, India can have a complete and scientifically derived estimate of logistics prices, utilizing a hybrid methodology that mixes secondary knowledge with nationwide surveys,” the Commerce and Trade Ministry mentioned.
Till now, logistics prices in India had been typically misrepresented, with generally cited figures of 13-14 per cent of GDP derived from exterior research or partial datasets.
This led to inconsistent estimates, inflicting confusion amongst policymakers and world stakeholders, it mentioned, including that as per the present evaluation ready by NCAER for DPIIT, logistics prices in India are estimated about 7.97 per cent of the entire GDP.
A report on this regard was launched by Commerce and Trade Minister Piyush Goyal.
The report gives a complete framework by capturing logistics prices throughout completely different transport modes, product classes, and agency sizes.
It additionally presents estimates of freight value per tonne-kilometre and highlights the position of multi-modality in enhancing effectivity.
“By offering evidence-based steering, the research strengthens India’s efforts to enhance competitiveness and helps the broader imaginative and prescient of positioning the nation as a worldwide logistics hub,” the ministry mentioned.
Industrial Park Score System 3.0
Goyal additionally launched the Industrial Park Score System (IPRS) 3.0.
Developed by the Division for Promotion of Trade and Inner Commerce (DPIIT) with help from the Asian Improvement Financial institution (ADB), the initiative goals to additional strengthen India’s industrial ecosystem and improve the competitiveness of commercial infrastructure.
The federal government is growing 20 plug-and-play industrial parks and good cities underneath NICDC, with 4 already accomplished, 4 underneath energetic development, and the remaining at varied phases of bidding and tendering.
He added that the launch of IPRS 3.0 will assist assess and benchmark amenities, infrastructure, and competitiveness of commercial parks throughout the nation.
Underneath IPRS 3.0, industrial parks shall be benchmarked and categorised as Leaders, Challengers, and Aspirers based mostly on their efficiency throughout key indicators.
This can present traders with clear and credible info, foster wholesome competitors amongst states and Union Territories, and information policymakers in designing focused interventions, it mentioned.
Revealed on September 20, 2025
