Mining sector logistics bottlenecks persist despite lower costs: NITI Aayog's V K Saraswat
New Delhi, July 10 -- India's logistics costs for the mining and metals sector may be much lower than the widely cited estimates, but weak first-and last-mile connectivity and heavy dependence on road transport continue to hurt the sector's competitiveness, former NITI Aayog member V K Saraswat said on Friday.
Speaking at the FICCI conference on "Enhancing Competitiveness of Mining and Metals", Saraswat said logistics costs for the sector "may be far closer to 8 per cent of GDP than the widely cited 14 per cent figure," even though key structural bottlenecks remain unresolved.
"Bulk freight bottlenecks and mining-specific evacuation gaps are still real and costly," he said, identifying inadequate first-and last-mile connectivity from mi...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.