HomeShipping & Logistics‘Efforts on to bring down Logistic costs’

‘Efforts on to bring down Logistic costs’

Published on

Citing the examples of Dubai and Singapore, the Chief Minister opined that ports should be well connected with industrial units to reduce logistics cost. He stressed the need for reducing logistics cost which stands at 13 per cent in India while the logistics cost in other countries stands at 8 per cent.

The CM said that the state government is also planning to develop inland water transport to reduce logistics cost & cited the example of Buckingham canal used for transport between Kakinada & Chennai.

spot_img

Latest articles

Day 1 of CII summit fetches AP Rs 5.84 lakh cr in Investment Proposals

The first day of the 31st CII Partnership Summit 2026 in Visakhapatnam turned out...

Foreign delegates to savour Andhra’s culinary heritage at The Park

Before global investors and industry leaders gather in Visakhapatnam to discuss business and investment,...

GRSE & GSL bag contracts for 8 NGCs for Navy worth Rs 53,866 crs

The Ministry of Defence has signed contracts worth Rs 53,866.50 crore with Garden Reach...

SBI donates Rs.5 crores to AP CM’s Relief Fund

India’s largest bank, State Bank of India has come forward to provide assistance to...