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Global Logistics Summit 2018
April 10 , 2018
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- 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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