Home / Knowledge / News / Textiles / India ranked 35th in World Bank's logistics index
India ranked 35th in World Bank's logistics index
01
Jul '16
India has moved up from 54th place in 2014 to 35th in 2016 in the World Bank's biennial measure of international supply chain efficiency, called Logistics Performance Index.

Germany emerged as the top performer for the second time in a row, while India was ahead of Portugal and New Zealand. In 2016, India's international supply chain efficiency was at 75 per cent of top-ranked Germany, said the report titled Connecting to Compete: 2016 Trade Logistics in the Global Economy. This is an improvement over the 66 per cent efficiency when compared to Germany which was also the leader in 2014.

Better performance in logistics will not only boost programmes, such as Make in India, by enabling India to become part of the global supply chain, it can also help increase trade. In 2015-16, India's foreign trade shrank by around 15 per cent.

The index scores countries on key criteria of logistics performance, including border clearance efficiency, infrastructure quality, ability to track and trace consignments, and timeliness of shipments, among others.

It is computed from the survey responses of about 1,051 logistics industry professionals.

The Logistics Performance Index does not address how easy or difficult it is to move goods to the hinterland. For that, World Bank has another measure - a domestic LPI which analyzes a country's performance over four factors: infrastructure, services, border procedures and supply chain reliability.

While not all yardsticks are comparable across countries, there are some which show that India still has some way to go.

When it comes to meeting the quality criteria, only 69 per cent of shipments from India make the cut, compared to 72 per cent for China and 77 per cent for Kenya. On the other hand, it takes two and three days to clear shipments, without and with inspection, respectively—numbers comparable to China but longer than what it takes in top-ranked Germany.

India has an average of 5 forms required for import or export, compared to 4.5 for China and 2 for Germany. (SH)

Fibre2Fashion News Desk – India

Must ReadView All

Courtesy: American Apparel

Apparel/Garments | On 25th Feb 2017

Gildan to make some American Apparel products outside US

Gildan Activewear, which recently acquired US fashion brand American...

Courtesy: Kolon Sport

Apparel/Garments | On 25th Feb 2017

Kolon Sport to set up JV with ANTA for Chinese market

Kolon Sport, an outdoor gear and clothing brand of Korea based Kolon...

Designer Karishma Jumani with Niraj Jawanjal, founder and director of IIFW. Courtesy: IIFW

Textiles | On 25th Feb 2017

IIFW to bring together premium lingerie brands

India Intimate fashion Week (IIFW), dedicated to showcasing the...

Interviews View All

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search