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India moved up to 35th rank on World Bank’s Logistics Performance Index

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India has played the important role on “The efficiency of customs and Border management clearance” and improved the ranking to 35th position in World Bank’s Logistics Performance Index

About the report

  • Released by: United States Based World Banklpi
  • Type of Report: Bi-Annual
  • Logistics Performance Index consists of six sub-indices
  • The World Banks has gone through the policy regulation and supply chain performance across six sub-indices
  • Ranked the country based on the performance in all the indices
  • Conducted the survey based on the feedback of companies
  • Various attributes of international trade relating to border clearance procedures, ensuring access to physical infrastructure and quality of logistics services are monitored

India’s ranking                                                                   

  • India jumped from 54th position in 2014 to 35th position in overall category
  • India stepped ahead 19 positions leaving countries New Zealand, Thailand, Saudi Arabia, Iceland, Latvia and Indonesia and so on

Category Ranking in 2014 Ranking in 2016
The efficiency of customs and border management clearance 65 38
The ability to track and trace consignments 57 33
The quality of trade and transport infrastructure 58 36
The competence and quality of logistics services 52 32
the ease of arranging competitively priced shipments 5
frequency with which shipments reach consignees within scheduled or expected delivery times 9

Other report:

The World Bank Group’s bi-annual report ‘Connecting to Compete 2016: Trade Logistics in the Global Economy’, launched captures critical information about the complexity of international trade.