Publication:
Unlocking the Potential of Freight Logistics in India

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dc.contributor.authorAritua, Bernard
dc.date.accessioned2017-04-13T18:38:13Z
dc.date.available2017-04-13T18:38:13Z
dc.date.issued2016-12
dc.description.abstractNew, comprehensive analysis of data on the current routing of goods in India have positioned the country to break through its freight transport gridlocks and logistics inefficiencies. With a growth rate of more than 7 percent since 2014, India is the fastest growing major economy in the world. But as a share of its GDP, its logistics costs for moving freight are as high as 14 percentpercent of GDP, markedly more than the 8–10 percent for most advanced economies. The gap arises from excess costs generated by inefficiencies in the transport system, greater costs of storage and inventory and procedural delays. Closing that gap would give a major boost to India’s growth prospects. Studies of logistics improvements in advanced economies have shown that, with sufficiently detailed data on freight flows, targeted interventions in specific corridors andsubsectors can enable transformational changes in freight logistics performance. Researchersand logistics experts from the World Bank and South Africa’s Stellenbosch University have assembled and modeled such data for India, identifying bottlenecks and opportunities for morestrategic investment and collocation of activities to achieve production synergies and lower thecosts of logistics and trade.en
dc.identifierhttp://documents.worldbank.org/curated/en/229161490902806326/Unlocking-the-potential-of-freight-logistics-in-India
dc.identifier.doi10.1596/26361
dc.identifier.urihttps://hdl.handle.net/10986/26361
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesConnections;Note 2016 - 10
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectFREIGHT LOGISTICS
dc.subjectTRANSPORT GRIDLOCK
dc.subjectLOGISTICS PERFORMANCE INDEX
dc.titleUnlocking the Potential of Freight Logistics in Indiaen
dc.typeBriefen
dc.typeFichefr
dc.typeResumenes
dspace.entity.typePublication
okr.crossref.titleUnlocking the Potential of Freight Logistics in India
okr.date.disclosure2017-03-30
okr.doctypePublications & Research
okr.doctypePublications & Research::Brief
okr.docurlhttp://documents.worldbank.org/curated/en/229161490902806326/Unlocking-the-potential-of-freight-logistics-in-India
okr.guid229161490902806326
okr.identifier.doi10.1596/26361
okr.identifier.externaldocumentum090224b084a658f7_1_0
okr.identifier.internaldocumentum27317149
okr.identifier.report113930
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/229161490902806326/pdf/113930-BRI-PUBLIC-TransportICT-Newsletter-Dec-Note10-web.pdfen
okr.region.administrativeSouth Asia
okr.region.countryIndia
okr.topicTransport::Transport Economics Policy & Planning
okr.topicTransport::Logistics
okr.unitGTITR -SAR (GTI06)
relation.isAuthorOfPublication92ae9da5-2b26-5115-bebc-198adb9dcace
relation.isAuthorOfPublication.latestForDiscovery92ae9da5-2b26-5115-bebc-198adb9dcace
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