India jumps 19 spots in logistic performance – Feedback

Improvement in services for exporters has pushed the country 19 places higher in the World Bank group’s Logistics Performance Index (LPI). Among 160 countries, it stood at 35, based on six criteria that impact export shipment.

The LPI has been prepared by the bank’s trade and competitiveness group every two years since 2007. India’s overall LPI score rose from 3.07 in 2014 to 3.42 in 2016, of a maximum five. The first country Germany, while the last in Syria. Though China outshines India at 27, it stands higher in order compared to several upper-middle income countries and BRICS members. Brazil ranks 55, Indonesia 63 and Russia is 99. The report, in fact, said India “overperformed” its income group.

http://www.business-standard.com/article/current-affairs/india-jumps-19-spots-in-logistic-performance-116063000037_1.html

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