India ranks 38 out of 139 countries on the World Bank's Logistics Performance Index Report 2023; India’s rank has improved by sixteen places from 54 in 2014.

India has significantly improved its logistics performance, rising to the 38th position out of 139 countries according to the World Bank's 'Logistics Performance Index Report (2023)’. This marks a notable progression from the ranks of 44 in 2018 and 54 in 2014.

An Inter-Ministerial team has been formed to enhance logistics, focusing on targeted action plans across six LPI parameters. The National Committee for Trade Facilitation (NCTF) oversees this effort, identifying 27 action points in the National Trade Facilitation Action Plan (NTFAP) 2020-23. The Hon’ble Prime Minister, Mr. Narendra Modi, launched the PM GatiShakti National Master Plan and the National Logistics Policy in 2021 and 2022, aiming to boost efficiency and reduce costs. Digital reforms, such as the Unified Logistics Interface Platform (ULIP) and the Logistics Data Bank, play a crucial role.

Additional measures include railway track electrification, reduced release times by the Land Ports Authority of India (LPAI), and the launch of NLP Marine for port-related logistics. These initiatives reflect a concerted effort to create an environment conducive to efficient logistics, enhancing India's global competitiveness.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.