TNPSC Thervupettagam

Global Logistics Summit 2018

April 10 , 2018 2424 days 905 0
  • The Global Logistics Summit (GLS-2018) was held in New Delhi from April 5-6, 2018 to improve logistics and connectivity.
  • The summit was organised by Department of Commerce, Ministry of Commerce & Industry along with Federation of Indian Chambers of Commerce & Industry (FICCI) and World Bank Group.
  • Improving logistics and connectivity are vital for increasing intra-state and international trade flows.
  • India spends around 14.4% of its GDP on logistics and transportation sector.
  • It is notable that in November 2017, logistic sector was granted infrastructure status.

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