Logistics Leverage and Evolution in Transportation Infrastructure-perpetual Augmentation of the Expansion of Indian Economy
Keywords:
No Keywords.Abstract
The logistics sector is an essential component of an economy, having a bidirectional causal relationship with its growth potential. India’s GDP witnessed a significant five-fold growth in the last two decades, of which much can be attributed to the successful policy intervention, infrastructure improvement and perpetual capital formation. This study performs a representative sectoral time-series analysis, establishing the sustainable expansion trajectory of the logistic infrastructure in India. A move towards green and sustainable world-class infrastructure enabled by policy initiatives and increased budget outlays has further strengthened the logistic and transportation sector’s role as a positive transmission channel to economic growth and inclusive development.
Downloads
Downloads
Published
How to Cite
Issue
Section
References
Arvis, J.-F., The World Bank, Ojala, L., Shepherd, B., Ulybina, D., & Wiederer, C. (2023). Connecting to Compete 2023 Trade Logistics in the global economy The Logistics Performance Index and its indicators. In Connecting to Compete 2023 Trade Logistics in an Uncertain Global Economy. The World Bank. https://lpi.worldbank.org/sites/default/files/2023-04/LPI_2023_report.pdf
Asher, S., Garg, T., &Novosad, P. (2020). The ecological impact of transportation infrastructure. the Economic Journal/Economic Journal, 130(629), 1173–1199. https://doi.org/10.1093/ej/ueaa013
Muslija, A., Cinac, D., &Šahić, A. (2021). The relationship between economic growth and logistics sector in the case of G-7 countries. Transportation Research Procedia, 55, 326–333. https://doi.org/10.1016/j.trpro.2021.06.038
Ng, C. P., Law, T. H., Jakarni, F. M., &Kulanthayan, S. (2019). Road infrastructure development and economic growth. IOP Conference Series. Materials Science and Engineering, 512, 012045. https://doi.org/10.1088/1757-899x/512/1/012045
Rodrigue, J. (2016). The role of transport and communication infrastructure in realising development outcomes. In Palgrave Macmillan UK eBooks (pp. 595–614). https://doi.org/10.1057/978-1-137-42724-3_33
Sahu, P. K., Pani, A., & Santos, G. (2022). Freight traffic Impacts and logistics inefficiencies in India: Policy interventions and solution concepts for sustainable city logistics. Transportation in Developing Economies, 8(2). https://doi.org/10.1007/s40890-022-00161-8
Free Sample
Editorial Policy
