Home / News Flash / India improves World Bank Logistics Performance Index to 35th in 2016 Report

India improves World Bank Logistics Performance Index to 35th in 2016 Report

According to the World Bank’s recently published  biennial Logistics Performance Index (LPI) for 2016, India ranked 35th among 160 countries. Once again Germany has topped in LPI by scoring 4.23 points, followed by Luxembourg (4.22 points), Sweden (4.20 points), Netherlands (4.19 points) and Singapore (4.14 points). India has increased its LPI score to 3.42 compared to LPI score of 3.08 in 2014. In 2016 edition of LPI, India has improved its ranking by jumping 19 positions compared to 54th rank in 2014 LPI.

The LPI analyses countries across six components:  (i) quality of trade and transport infrastructure, (ii) competence and quality of logistics services, (iii) efficiency of customs and border management clearance, (iv) ease of arranging competitively priced shipments, (v) ability to track and trace consignments and (vi) frequency with which shipments reach consignees within scheduled or expected delivery times.

About Ratan Paul

Leave a Reply

Your email address will not be published. Required fields are marked *

*

x

Check Also

Shri Jayant Sinha, Hon`ble MoS, Civil Aviation inagurating the annual conference

Minister Jayant Sinha inaugurates AAI Annual Conference; focuses on ease of travel

A two-day Annual Conference of AAI top executives was inaugurated on 13th ...

error: Content is protected !!