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==Logistics== {{see also|Sagar_Mala_project#Coastal_Economic_Zones_(CEZ)_and_Coastal_Economic_Units_(CEU) | label 1 = Coastal Economic Zones (CEZ)}} ''Logistics in India'' ranking moved up to 35th place in 2016 from 54th in 2014 on [[World Bank]]'s [[Logistics Performance Index|Global Logistics Performance Index]].<ref name=logi2/> Government strategy aims to raise the share of global trade in [[Economy of India|India's GDP]] (US$2.7 trillion in FY 2017β18)<ref name="economictimes2">[http://economictimes.indiatimes.com/articleshow/62551522.cms If I were FM: Raamdeo proposes asset-light strategy for infra boost] {{Webarchive|url=https://web.archive.org/web/20180511221926/https://economictimes.indiatimes.com/articleshow/62551522.cms |date=11 May 2018 }}, [[The Economic Times|Economic Times]], 18 January 2018.</ref> to 40%, including half of it (20% of GDP) from exports (c. Jan 2019).<ref name=logi5/> Cost of logistics in India is 14% of GDP, which is higher than the developed nations, and government reforms aim to bring it down to 10% of GDP by 2022 (c. Jan 2018).<ref name=logi2/> [[Ministry of Commerce and Industry (India)|Ministry of Commerce and Industry]] has created a new dedicated centralised Logistics division in collaboration with Singapore and Japan to handle the logistics which was earlier handled by several different ministries, such as railways, roads, shipping and aviation.<ref name="logi4">[https://economictimes.indiatimes.com/industry/transportation/shipping-/-transport/we-are-creating-a-digital-logistics-platform-suresh-prabhu/articleshow/62395534.cmsWe are creating a digital logistics platform: Suresh Prabhu]{{Dead link|date=August 2018 |bot=InternetArchiveBot |fix-attempted=yes }}, [[The Economic Times|Economic Times]], 6 January 2018.</ref> To boot exports, each state will have exports and logistic policy and Nodal officers will be appointed at [[List of districts in India|district level]] (c. Jan 2018).<ref name="logi5">[https://m.dailyhunt.in/news/india/english/investment+guru+india-epaper-invgur/districts+to+be+export+units+looking+at+logistics+ministry+suresh+prabhu-newsid-79500101 Districts to be export units, looking at logistics ministry: Suresh Prabhu ] {{Webarchive|url=https://web.archive.org/web/20180118181652/https://m.dailyhunt.in/news/india/english/investment+guru+india-epaper-invgur/districts+to+be+export+units+looking+at+logistics+ministry+suresh+prabhu-newsid-79500101 |date=18 January 2018 }}, Daily Hunt, 8 January 2018.</ref> There are 64 transactions and 37 government agencies in the end-to-end production-to-export process. To further improve the ranking, improve speed of logistics, ease of doing business and reduce the cost of logistics, India is creating a ''"common online integrated logistics e-marketplace portal"'' that will cover all transactions in production and export, connect buyers with logistics service providers and government agencies such as the customs department Icegate system, Port Community Systems, Sea and Air Port terminals, Shipping lines, Railways, etc. (c. Jan 2018).<ref name="logi2">[http://economictimes.indiatimes.com/articleshow/62530347.cms India plans common logistics portal to ease movement of goods, reduce logistics cost] {{Webarchive|url=https://web.archive.org/web/20180512113651/https://economictimes.indiatimes.com/articleshow/62530347.cms |date=12 May 2018 }}, ''[[The Economic Times|Economic Times]]'', 17 January 2018.</ref> As part of the US$125 billion port-led development project [[Sagarmala]], the government will define the regulatory framework for the Indian logistics operational standards by India's 300 dry ports logistics parks (inland container depots or ICDs) to the top 10 logistics international best practices nations to boost exports, remove supply chain bottlenecks, reduce transaction costs, optimise logistics mix, set up new hub-and-spoke dry ports (c. January 2018).<ref name="logi1">[http://economictimes.indiatimes.com/articleshow/62435028.cms Government plans to overhaul 300 dry ports] {{Webarchive|url=https://web.archive.org/web/20180516104615/https://economictimes.indiatimes.com/articleshow/62435028.cms |date=16 May 2018 }}, [[The Economic Times|Economic Times]], 9 January 2018.</ref> To reduce the logistics costs by 10% and {{CO2}} emissions by 12%, the government is also developing 35 new "Multimodal Logistics Parks" (MMLPs) on 36 ring roads, which will facilitate 50% of the freight moved in India. Land has been earmarked and pre-feasibility studies are underway for six of these MMLPs (c. May 2017).<ref name="logi3">[http://www.business-standard.com/article/news-ians/government-to-construct-35-multimodal-logistics-parks-gadkari-117050300905_1.html Government to construct 35 multimodal logistics parks: Gadkari] {{Webarchive|url=https://web.archive.org/web/20180119001157/http://www.business-standard.com/article/news-ians/government-to-construct-35-multimodal-logistics-parks-gadkari-117050300905_1.html |date=19 January 2018 }}, ''Business Standards'', 3 May 2017.</ref> [[Confederation of Indian Industry]] (CII) and government will organise an annual national logistics convention.<ref name=logi2/> Major shippers include [[Container Corporation of India]] and [[Transport Corporation of India]], and ''[[Logistics Management (magazine)|Logistics Management]]'' magazine is one of the industry publications.
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