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India’s logistics sector is estimated to account for about 14.4% of GDP. The unorganised sector amounts to over 90% of the logistics sector. The average logistics cost per GDP among BRICS countries was 11%. However, in the case of India, the cost share per GDP was 14%.
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India’s logistics sector is estimated to account for about 14.4% of GDP. The unorganised sector amounts to over 90% of the logistics sector. The average logistics cost per GDP among BRICS countries was 11%. However, in the case of India, the cost share per GDP was 14%.
AD Ports Group (ADX: ADPORTS) today announced that it has acquired Noatum, a global integrated logistics platform with a presence in 26 countries and LTM revenue and EBITDA of AED 6.91 billion (EUR 1.80 billion) and AED 555 million (EUR 145 million), respectively.
Delta Infralogistics Worldwide Limited, a Mangaluru-based Port services company, a unit of Group Delta, has been awarded the concessionaire to Operate and Maintain Berths No. 10 & 11 at Mormugao Port under the Hon’ble Prime Minister Shri Narendra Modi’s National Monetisation Plan.
