Friday 8 July 2016

India jumps 19 places in WB logistics index


India has jumped 19 places in the latest World Bank ranking in the global logistics performance index. The World Bank, in its latest once-in-two-year Logistics Performance Index (LPI), said India is now ranked 35th as against the 54th spot it occupied in the previous 2014 report.

While Germany tops the 2016 rankings, India is ahead of comparatively advanced economies like Portugal and New Zealand. “In the latest ranking India has gone past countries like New Zealand, Thailand, Saudi Arabia, Iceland, Latvia and Indonesia who were ahead of it in the index,” the report said. Jim Yong Kim, president of World Bank who met Prime Minister Narendra Modi in New Delhi.


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