<p data-path-to-node="2" style="font-family: &quot;Google Sans Text&quot;, sans-serif !important; line-height: 1.15 !important;"><b data-path-to-node="2" data-index-in-node="0" style="line-height: 1.15 !important;">NEW DELHI —</b> Propelled by structural infrastructure modernizations, sweeping regulatory digitalization, and an accelerating modal transition from highway drayage to electrified heavy-haul rail and coastal waterways, India's logistics and supply chain sector is projected to double in size from approximately $300 billion to cross the $600-billion valuation threshold by fiscal year 2031–32.</p><p data-path-to-node="3" id="p-rc_22d20f315dbc29ac-96" style="font-family: &quot;Google Sans Text&quot;, sans-serif !important; line-height: 1.15 !important;"><span data-path-to-node="3,0" style="line-height: 1.15 !important;">The projection, detailed in an exhaustive macroeconomic assessment released by senior trade policy officials from the Department for Promotion of Industry and Internal Trade (DPIIT) in New Delhi, underscores that the logistics market's rapid scale is operating hand-in-hand with a significant contraction in national expenditure overheads. Rather than expanding through inflationary transportation premiums, the industry's doubling is being fueled by sheer physical throughput volume, manufacturing demand from Production-Linked Incentive (PLI) clusters, and deep operational efficiencies unlocked by the PM Gati Shakti National Master Plan and the National Logistics Policy (NLP)</span><span data-path-to-node="3,1" style="line-height: 1.15 !important;"><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><source-footnote _nghost-ng-c1832190780="" class="ng-star-inserted" style="line-height: 1.15 !important;"><sup _ngcontent-ng-c1832190780="" class="superscript" style="line-height: 1.15 !important; font-size: 16px !important; background-color: transparent !important;"><!----></sup></source-footnote><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----></span><span data-path-to-node="3,2" style="line-height: 1.15 !important;">.</span><sources-carousel-inline ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c2387643082="" style="line-height: 1.15 !important;"><!----></sources-carousel-inline></p><p data-path-to-node="4" id="p-rc_22d20f315dbc29ac-97" style="font-family: &quot;Google Sans Text&quot;, sans-serif !important; line-height: 1.15 !important;"><span data-path-to-node="4,0" style="line-height: 1.15 !important;">According to updated DPIIT-NCAER economic benchmarks, India’s aggregate logistics costs have stabilized at approximately 7.97% to 8% of gross domestic product (GDP)</span><span data-path-to-node="4,1" style="line-height: 1.15 !important;"><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><source-footnote _nghost-ng-c1832190780="" class="ng-star-inserted" style="line-height: 1.15 !important;"><sup _ngcontent-ng-c1832190780="" class="superscript" style="line-height: 1.15 !important; font-size: 16px !important; background-color: transparent !important;"><!----></sup></source-footnote><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----></span><span data-path-to-node="4,2" style="line-height: 1.15 !important;">. This replaces legacy baseline assumptions that pegged national distribution friction between 13% and 14% of GDP</span><span data-path-to-node="4,3" style="line-height: 1.15 !important;"><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><source-footnote _nghost-ng-c1832190780="" class="ng-star-inserted" style="line-height: 1.15 !important;"><sup _ngcontent-ng-c1832190780="" class="superscript" style="line-height: 1.15 !important; font-size: 16px !important; background-color: transparent !important;"><!----></sup></source-footnote><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----></span><span data-path-to-node="4,4" style="line-height: 1.15 !important;">. The drop into single-digit territory reflects systemic interventions aimed at reducing the country’s lopsided reliance on road transport. Historically, road drayage absorbed over 60% of domestic freight movement despite commanding an average linehaul tariff of ₹11.03 per tonne-kilometer</span><span data-path-to-node="4,5" style="line-height: 1.15 !important;"><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><source-footnote _nghost-ng-c1832190780="" class="ng-star-inserted" style="line-height: 1.15 !important;"><sup _ngcontent-ng-c1832190780="" class="superscript" style="line-height: 1.15 !important; font-size: 16px !important; background-color: transparent !important;"><!----></sup></source-footnote><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----></span><span data-path-to-node="4,6" style="line-height: 1.15 !important;">. In contrast, heavy rail freight averages approximately ₹1.96 per tonne-kilometer, delivering a dramatic cost advantage for long-distance industrial hauls</span><span data-path-to-node="4,7" style="line-height: 1.15 !important;"><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><source-footnote _nghost-ng-c1832190780="" class="ng-star-inserted" style="line-height: 1.15 !important;"><sup _ngcontent-ng-c1832190780="" class="superscript" style="line-height: 1.15 !important; font-size: 16px !important; background-color: transparent !important;"><!----></sup></source-footnote><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----></span><span data-path-to-node="4,8" style="line-height: 1.15 !important;">.</span><sources-carousel-inline ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c2387643082="" style="line-height: 1.15 !important;"><!----></sources-carousel-inline></p><p data-path-to-node="5" id="p-rc_22d20f315dbc29ac-98" style="font-family: &quot;Google Sans Text&quot;, sans-serif !important; line-height: 1.15 !important;"><span data-path-to-node="5,0" style="line-height: 1.15 !important;">To capitalize on this differential, the Union Government’s coordinated modal shift framework has achieved concrete milestones through the full commissioning of the Western and Eastern Dedicated Freight Corridors (WDFC and EDFC)</span><span data-path-to-node="5,1" style="line-height: 1.15 !important;"><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><source-footnote _nghost-ng-c1832190780="" class="ng-star-inserted" style="line-height: 1.15 !important;"><sup _ngcontent-ng-c1832190780="" class="superscript" style="line-height: 1.15 !important; font-size: 16px !important; background-color: transparent !important;"><!----></sup></source-footnote><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----></span><span data-path-to-node="5,2" style="line-height: 1.15 !important;">. By moving high-density double-stack container rakes and bulk commodity consists at sustained commercial speeds exceeding 75 km/h, the freight corridors have cut long-haul transit times between northern manufacturing heartlands and western deepwater seaports by more than 50%</span><span data-path-to-node="5,3" style="line-height: 1.15 !important;"><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><source-footnote _nghost-ng-c1832190780="" class="ng-star-inserted" style="line-height: 1.15 !important;"><sup _ngcontent-ng-c1832190780="" class="superscript" style="line-height: 1.15 !important; font-size: 16px !important; background-color: transparent !important;"><!----></sup></source-footnote><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----></span><span data-path-to-node="5,4" style="line-height: 1.15 !important;">. The resulting operational turnaround allows industrial exporters to trim defensive inventory stockpiling and shift toward agile, just-in-time supply cycles</span><span data-path-to-node="5,5" style="line-height: 1.15 !important;"><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><source-footnote _nghost-ng-c1832190780="" class="ng-star-inserted" style="line-height: 1.15 !important;"><sup _ngcontent-ng-c1832190780="" class="superscript" style="line-height: 1.15 !important; font-size: 16px !important; background-color: transparent !important;"><!----></sup></source-footnote><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----></span><span data-path-to-node="5,6" style="line-height: 1.15 !important;">.</span><sources-carousel-inline ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c2387643082="" style="line-height: 1.15 !important;"><!----></sources-carousel-inline></p><p data-path-to-node="6" id="p-rc_22d20f315dbc29ac-99" style="font-family: &quot;Google Sans Text&quot;, sans-serif !important; line-height: 1.15 !important;"><span data-path-to-node="6,0" style="line-height: 1.15 !important;">Simultaneously, the digital backbone established under the National Logistics Policy is dismantling physical and administrative bottlenecks</span><span data-path-to-node="6,1" style="line-height: 1.15 !important;"><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><source-footnote _nghost-ng-c1832190780="" class="ng-star-inserted" style="line-height: 1.15 !important;"><sup _ngcontent-ng-c1832190780="" class="superscript" style="line-height: 1.15 !important; font-size: 16px !important; background-color: transparent !important;"><!----></sup></source-footnote><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----></span><span data-path-to-node="6,2" style="line-height: 1.15 !important;">. The Unified Logistics Interface Platform (ULIP)—which natively integrates more than 34 digital systems across multiple ministries, including the railways' FOIS, customs' ICEGATE, and highway tolling networks—has surpassed one billion digital API transactions</span><span data-path-to-node="6,3" style="line-height: 1.15 !important;"><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><source-footnote _nghost-ng-c1832190780="" class="ng-star-inserted" style="line-height: 1.15 !important;"><sup _ngcontent-ng-c1832190780="" class="superscript" style="line-height: 1.15 !important; font-size: 16px !important; background-color: transparent !important;"><!----></sup></source-footnote><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----></span><span data-path-to-node="6,4" style="line-height: 1.15 !important;">. This digital unification has phased out redundant manual documentation check-stops, compressed container terminal gate dwell intervals by more than 35%, and enabled real-time cryptographic tracking for bonded inland consignments</span><span data-path-to-node="6,5" style="line-height: 1.15 !important;"><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><source-footnote _nghost-ng-c1832190780="" class="ng-star-inserted" style="line-height: 1.15 !important;"><sup _ngcontent-ng-c1832190780="" class="superscript" style="line-height: 1.15 !important; font-size: 16px !important; background-color: transparent !important;"><!----></sup></source-footnote><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----></span><span data-path-to-node="6,6" style="line-height: 1.15 !important;">.</span><sources-carousel-inline ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c2387643082="" style="line-height: 1.15 !important;"><!----></sources-carousel-inline></p><p data-path-to-node="7" id="p-rc_22d20f315dbc29ac-100" style="font-family: &quot;Google Sans Text&quot;, sans-serif !important; line-height: 1.15 !important;"><span data-path-to-node="7,0" style="line-height: 1.15 !important;">Private and public capital deployments have matched these policy shifts. Hundreds of Multi-Modal Logistics Parks (MMLPs) and Gati Shakti Cargo Terminals (GCTs) are operational or under construction nationwide, creating integrated inland transfer nodes equipped with automated storage, cold-chain preservation bays, and direct railhead linkages</span><span data-path-to-node="7,1" style="line-height: 1.15 !important;"><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><source-footnote _nghost-ng-c1832190780="" class="ng-star-inserted" style="line-height: 1.15 !important;"><sup _ngcontent-ng-c1832190780="" class="superscript" style="line-height: 1.15 !important; font-size: 16px !important; background-color: transparent !important;"><!----></sup></source-footnote><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----></span><span data-path-to-node="7,2" style="line-height: 1.15 !important;">. In parallel, coastal shipping investments under Sagarmala 2.0 and deepwater port automation are targeting a twofold increase in waterborne domestic freight share by the turn of the decade</span><span data-path-to-node="7,3" style="line-height: 1.15 !important;"><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><source-footnote _nghost-ng-c1832190780="" class="ng-star-inserted" style="line-height: 1.15 !important;"><sup _ngcontent-ng-c1832190780="" class="superscript" style="line-height: 1.15 !important; font-size: 16px !important; background-color: transparent !important;"><!----></sup></source-footnote><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----></span><span data-path-to-node="7,4" style="line-height: 1.15 !important;">.</span><sources-carousel-inline ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c2387643082="" style="line-height: 1.15 !important;"> <!----><source-inline-chip _ngcontent-ng-c2387643082="" _nghost-ng-c2808656165="" class="ng-star-inserted" style="line-height: 1.15 !important;"><!----><!----><!----><!----><!----></source-inline-chip><!----><!----><!----></sources-carousel-inline></p><p data-path-to-node="8" id="p-rc_22d20f315dbc29ac-101" style="font-family: &quot;Google Sans Text&quot;, sans-serif !important; line-height: 1.15 !important;"><span data-path-to-node="8,0" style="line-height: 1.15 !important;">DPIIT leadership noted that these systemic transformations have elevated India’s standing in the World Bank’s Logistics Performance Index (LPI), climbing toward the target of breaking into the top 25 nations globally before 2030. Economists and industry leaders emphasize that crossing the $600-billion mark by 2032 while maintaining logistics overheads around 7% to 8% of GDP will provide a structural shield for domestic exporters against global trade volatility, serving as the foundational logistics engine for India’s journey toward a $30-trillion economy under the Viksit Bharat 2047 charter</span><span data-path-to-node="8,1" style="line-height: 1.15 !important;"><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><source-footnote _nghost-ng-c1832190780="" class="ng-star-inserted" style="line-height: 1.15 !important;"><sup _ngcontent-ng-c1832190780="" class="superscript" style="line-height: 1.15 !important; font-size: 16px !important; background-color: transparent !important;"><!----></sup></source-footnote><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----><!----></span><span data-path-to-node="8,2" style="line-height: 1.15 !important;">.</span><sources-carousel-inline ng-version="0.0.0-PLACEHOLDER" _nghost-ng-c2387643082="" style="line-height: 1.15 !important;"></sources-carousel-inline></p>