WASHINGTON: India has jumped 19 places in the latest World Bank ranking in the global logistics performance, reflecting the improvement in movement of goods inside the country thus facilitating better trade.
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.
Logistics organises the movement of goods through a network of activities and services operating at global, regional, and local scale.
In the 2014 report, India had a LPI score of 3.08, which increased to 3.42 in 2016. For the third time, Germany with 4.23 points tops the ranking, followed by Luxembourg (4.22), Sweden (4.20), Netherlands (4.19) and Singapore (4.14).
Other countries in top 10 are Belgium, Austria, United Kingdom, Hong Kong and the United States. Japan is ranked 11.
China has jumped one spot to be ranked 27th while Pakistan is at 68th. Syria ranked lowest. (AGENCIES)
The post India jumps 19 places in global logistics performance ranking appeared first on Jammu Kashmir Latest News | Tourism | Breaking News J&K.
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