CJ Darcl Logistics has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for a proposed Initial Public Offering.

NLP drives India’s efforts to improve logistics efficiency

India is marking two years of the launch of the National Logistics Policy (NLP) in 2024 with improvements in key indicators, and the economy has indeed seen positive impacts of the policy measures as part of the programme.

The targets of the NLP are to:
(i) reduce cost of logistics in India.
(ii) improve the Logistics Performance Index ranking – endeavour is to be among top 25 countries by 2030.
(iii) create data driven decision support mechanism for an efficient logistics ecosystem.

Unlike earlier estimates that logistics costs are high in India, it has mostly been in high single digits for more than a decade, according to an estimate by National Council of Applied Economic Research (NCAER). The logistics cost has been estimated to be around 8.9 percent of GDP in 2021-22 by NCAER.

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