India, 35th on WB’s Logistics Performance Index

Q.  World Bank has recently released a Logistics Performance Index report. Where does India rank in a list of 160 countries?
- Published on 01 Sep 16

a. 35
b. 40
c. 45
d. 50

ANSWER: 35
 
World Bank has recently released a Logistics Performance Index report entitled Connecting to Complete 2016
  • The Logistics Performance Index Report is published by World Bank every 2 years
  • India has been ranked 35 among 160 countries to rank of 54 in 2014
  • In terms of six components of the LPI that is Customs, Infrastructure, International Shipments, Logistics Quality and Competence, Tracking and Tracing and Timeliness, India has ranked between 32 to 42 range.
  • LPI is an interactive benchmarking tool created to help countries identify the challenges and opportunities they face in performance on trade logistics and what they can do to improve performance
  • LPI is based on worldwide survey of stakeholders on the ground providing federal on logistics friendliness of the countries they operate and those which they trade
  • Improvement in India’s rank in Logistics Performance Index adequately establishes steady performance in competitiveness in manufacturing and trade that also acts as a growth driver of the Make in India programme.

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