Is India's Logistics Future Ready?
Ranjan Sinha, CEO-Logistics, Supply Chain & Port Operations
The logistics sector in the country is largely unorganized and fragmented, resulting in high logistics cost at 14-15% of the GDP, compared to 7-8% in developed nations. There is also a high degree of wastage in the supply chain. For instance, 16% of India’s agricultural production is estimated to be wasted at different stages of the supply chain.