Gadkari Highlights Impact of Road Improvements on Logistics Costs and Economic Growth

Nitin Gadkari, Union Minister for Road Transport and Highways, has announced a six percent reduction in India’s logistics costs due to improved road infrastructure. He attributed this positive change to the efforts of the NDA government. Gadkari underscored the link between infrastructure development and the ambition of making India a ‘Vishwa Guru’ and a $5 trillion economy. He noted that these cost reductions are expected to enhance India’s export competitiveness, fostering growth in key sectors. Gadkari mentioned that previously, India’s logistics costs were significantly higher than those of China and other developed nations. The Minister anticipates that further improvements will bring the costs down to 9% by next year and expects Indian roads to match US standards in the near future.