New Delhi, April 17 (IANS) India’s logistics sector is projected to touch $362 billion by FY30 from $246 billion in FY25, growing at a CAGR of 8 per cent over rising consumption, expanding trade, as well as cost optimisation and efficiency gains from key government schemes, a report said on Friday.The report from Brickwork Ratings projected freight volume to exceed 7,100 million tonnes by FY30 from roughly 5,000 tonnes in FY24, at a CAGR of 6.1 per cent.“Manufacturing, construction, e-commer…
Latest Dedicated Freight Corridors News & Updates
New Delhi, April 9 (IANS) Railways are set to play a key role in driving India’s economic growth as the country targets a freight capacity of 3,000 million tonnes by 2030, a report has said.As per the ASSOCHAM-AESCLA report, railways currently account for up to 30 per cent of freight movement, indicating substantial growth potential.It highlighted that the sector is undergoing rapid transformation, driven by initiatives such as Dedicated Freight Corridors and near-complete electrification, whi…
New Delhi, Feb 1 (IANS) The Union Budget 2026–27 presents a strong and credible roadmap to strengthen India’s competitiveness through fiscal discipline, structural reforms and targeted steps to boost private investment, industry said on Sunday.CII President Rajiv Memani said the Budget reinforces confidence in India’s growth story at a time when global economic conditions remain uncertain and investors are increasingly looking for policy clarity and long-term stability.“The Budget’s fo…
New Delhi, Dec 26 (IANS) India’s logistics costs are projected to decline to 7–8 per cent by 2035 from current level of 13–14 per cent of GDP, aligning India with global benchmarks and boosting export competitiveness, a report said on Friday.The report from Grant Thornton Bharat said the sector recorded 48 deals in 2025, a 37 per cent increase over 2024, with private equity and venture capital investments reaching $659 million, largely focused on tech-enabled, asset-light models.India’s …