Building New Freight Corridors Impacts: (i) The freight corridor will help India reduce its unduly high logistics costs from some 13-15 percent of GDP, helping it move towards the target of 8 percent, bringing them more in line with global standards; (ii) In addition, each kilometer-long freight train on the EDFC will replace some 72 trucks on average. This will ease congestion on India’s overcrowded roads and highways, which carry an overwhelming...
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2021/01/01
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158889
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2021/05/06
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Disclosed
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The World Bank in India Newsletter (Vol. 21, No. 3)
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