India’s ambitious plans for infrastructure development
The logistics sector has received significant attention from authorities in India. The government has invested heavily into developing and integrating infrastructure across the country, such as the 3,200km Dedicated Freight Corridor to improve rail corridor connectivity from the east to the west, and the USD220 billion Sagarmala and Bharatmala initiatives.
With the upcoming National Logistics Policy, the government is likely to play an important role in shaping the strategic direction and providing the necessary resources to support the development of India’s logistics industry.
To what extent will government policy boost industry growth prospects?
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