Business
July 16, 2023
3 min

As India's logistics space sees fast track growth, this logistics player renews pact with Singapore Airlines - India TV News

India has climbed six places on the World Bank's Logistic Performance Index (LPI) 2023, reflecting the significant role of the logistics sector in driving growth. The government's PM Gati Shakti initiative aims to reduce logistics and boost the economy. In line with this, Shreeji Translogistics, a Mumbai-based logistics provider, has renewed its contract with Singapore Airlines. India's ranking on the LPI has steadily improved since 2014, and the government is working towards reducing logistics costs to 9% of GDP in the next three years.

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Adhikansh Gupta
Content Manager

Writer and editor who covers the latest trends and innovations in the software-as-a-service (SaaS) industry