Lower logistics cost can boost exports: Gadkari

New Delhi, April 29: Union Minister Nitin Gadkari on Friday said that reduction in logistics cost can boost the country’s exports and propel economic development. Minister of Road Transport and Highways and Shipping Nitin Gadkari said lower logistics cost can boost exports by 1.5 times. “The current logistics cost is 18 percent in India and if reduced to the level of 10 percent, the economic growth will be propelled,” Gadkari said while addressing the 2nd Smart Transportation Infra Summit and Expo. (IANS)