National Logistics Policy Reshaping The Logistics Landscape
The National Logistics Policy (NLP) places logistics at the forefront of India’s economic development. The transformative “National Logistics Policy” (NLP) was introduced by India’s Honorable Prime Minister, Mr. Narendra Modi in September 2022 at New Delhi. The policy has set an ambitious target of reaching the 25th position in the World Bank’s Logistics Performance Index (LPI) by 2030.
Currently, India has mounted to 38th position from 44th in the LPI. Its primary objective is to align with the global benchmarks such as the USA at an 8% logistics cost. The National Logistics Policy with its reduction of logistics costs and improved efficiency makes India’s goods more competitive in the international market thus strengthening India’s Logistics Sector.
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