These key initiatives include:
Assessment of Logistics Cost in India Report
- Prepared by the National Council of Applied Economic Research (NCAER), it estimates logistics costs in India at about 7.97% of total GDP in FY 2023-24.
- Total logistics cost is estimated at 24.01 lakh crore in FY 2023-24 with road transport forming the major component (41.7%), followed by storage and warehousing.
Integrated State and City Logistics Plans
- Initiated under SMILE (Strengthening Multimodal and Integrated Logistics Ecosystem) Programme in collaboration with the Asian Development Bank (ADB).
- SMILE Programme aims to establish and operationalize a comprehensive policy framework to enhance logistics efficiency.
- Aim: This exercise initiated with eight cities across eight states will help assess existing logistics infrastructure, identify gaps, and provide a roadmap for improving efficiency and reducing costs.
Logistics Data Bank (LDB) 2.0
- LDB 2.0 enables enhanced real-time tracking of container movements, introducing export container tracking on high seas along with multi-modal shipment visibility.
- Developed by NICDC (National Industrial Corridor Development Programme) Logistics Data Services (NLDSL).
Logistics Ease across Different States (LEADS) 2025
- Developed on lines of World Bank’s Logistics Performance Index, LEADS analyzes logistics performance across States and Union Territories.
- LEADS 2025 introduces two major features:
- Performance assessment of 5–7 key corridors based on journey time, truck speed, and waiting periods, and
- API-enabled evaluation of section-wise speeds on major road corridors.
