|
|
India ranked 46th in trade logistics performance
|
|
|
|
| Top Stories |
 |
|
|
|
Arun Kumar | 16 May, 2012
Global trade logistics performance slowed down over the last two years
amid the global recession, but India and others that pursued aggressive
reforms continued to improve, according to the World Bank.
India
with a Logistics Performance Indicators (LPI) score of 3.08 was ranked
46th in the World Bank's latest survey on trade logistics with Singapore
with a score of 4.12 listed as the top performer among the 155
economies included in the report.
Countries like India, Chile,
China, Morocco, South Africa, Turkey, and the US all improved their
previous performance, according to the study, which is based on a
comprehensive world survey of international freight forwarders and
express carriers.
According to the LPI report, high income
economies dominate the top logistics rankings, while the economies with
the worst performance are least developed countries that are also often
landlocked, small islands, or post-conflict states.
In the upper-middle income country category, top performers include South Africa, China and Turkey.
In
the lower middle income category, India, Morocco and the Philippines
have above average performance improvements. And among low-income
countries, outperformers included Benin, Malawi and Madagascar.
"Infrastructure
stands out as the chief driver of progress in top performers, followed
by improvements in logistics services, and customs and border
management," said Mona Haddad, Sector Manager of the World Bank's
international trade department.
"All top performers show strong
cooperation between the public and private sectors, and a comprehensive
approach in the development of services, infrastructure and efficient
logistics."
Only by fostering cooperation between the public and
private sectors, and by considering the impact of all agencies on the
supply chain can a country create sustainable improvements in its
logistical capabilities, the study suggested.
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
| Customs Exchange Rates |
| Currency |
Import |
Export |
US Dollar
|
₹94.2
|
₹92.5 |
UK Pound
|
₹128.85
|
₹124.8 |
Euro
|
₹112.2
|
₹108.45 |
| Japanese
Yen |
₹59.85 |
₹58 |
| As on 06 May, 2026 |
|
|
| Daily Poll |
 |
 |
| What is the biggest war impact on MSMEs? |
|
|
|
|
|
| Commented Stories |
 |
|
|
|
|
|
| |
|