India Advances Logistics Infrastructure for USD 7 Trillion Economy
India Advances Logistics Infrastructure for USD 7 Trillion Economy

India Advances Logistics Infrastructure for USD 7 Trillion Economy

News summary

The logistics and industrial sectors are experiencing significant transformation globally, driven by evolving market demands, technological adoption, and strategic reforms. In Europe, despite a challenging start, momentum is building in industrial and logistics real estate, supported by major development firms like Panattoni Europe expanding their footprint across continents. In the United States, logistics businesses face high freight demand with 85% operating near full capacity, but persistent challenges such as trucker shortages, driver availability, and cost control threaten supply chain reliability. Leadership lessons from top executives highlight the importance of vision, resilience, and technology integration to navigate rapid changes and maintain customer trust. India is advancing rapidly in logistics, reducing costs from 16% to 10% of GDP through multimodal integration, digital reforms, and infrastructure projects like hydrogen fueling highways, aiming to support a $7 trillion economy by 2031 and enhance MSME competitiveness. Industry leaders emphasize that logistics is now central to economic transformation, with ongoing policy initiatives and innovation driving efficiency, sustainability, and global trade expansion.

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