Economics · Logistics and Infrastructure in India
Which of the following statements regarding the logistics sector in India is CORRECT?
- 1India's logistics cost as a percentage of GDP is among the lowest globally
- 2Logistics cost in India historically accounts for around 13-14% of GDP✓
- 3The logistics sector is completely unlinked to transport infrastructure
- 4India has not framed any National Logistics Policy
Correct answer
Logistics cost in India historically accounts for around 13-14% of GDP
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