Home » Commerce and Industry » Contribution of logistics sector in overall GDP

Contribution of logistics sector in overall GDP

Contribution of logistics sector in overall GDP is not compiled at present.  However, sector-wise Gross Value Added (GAV) for the last three years is given below:

(Value in Rs Crore)

 

S.No.

 

Sector

At current prices
2018-19

(3rd RE)

2019-20

(2nd RE)

2020-21

(1st RE)

1 Railways 1,23,596 1,35,477 1,36,807
2 Road Transport 5,36,552 5,65,438 4,47,164
3 Water Transport 13,059 13,350 13,418
4 Air Transport 12,730 22,508 10,323
5 Services incidental to transport 1,03,341 1,03,301 98,710
6 Storage 18,597 19,513 19,628
7 Total GVA 1,71,75,128 1,83,55,109 1,80,57,810

(source: National Accounts Division, M/o Statistics and Programme Implementation)

(RE:  Revised Estimates)

Government has approved PM Gati Shakti National Master Plan for providing multimodal connectivity to economic zones. It depicts the economic zones and the infrastructure linkages required to support them with an objective to holistically integrate all the multimodal infrastructural projects and remove infrastructural gaps for seamless movement of people and goods. PM Gati Shakti is a transformative approach for economic growth and sustainable development. The approach encompasses development of infrastructure for economic transformation, seamless multimodal connectivity and logistics efficiency. World class modern infrastructure and logistics synergy are expected to help raise productivity and accelerate economic growth & development. Physical linkages so created are expected to promote comprehensive and integrated national network of transportation and logistics, create efficiency gains and avenues for further development, value addition and employment opportunities. Any state Government/Central Ministry/Private Sector, before planning an investment, can know beforehand the status of current multi-modal connectivity for making informed decision.

This information was given by the Minister of State in the Ministry of Commerce and Industry, Shri Som Parkash, in a written reply in the Lok Sabha today.

About Indianindustry Media

Leave a Reply

Your email address will not be published. Required fields are marked *

*

x

Check Also

India–New Zealand Business Forum Showcases Expanding Bilateral Partnership and Economic Opportunities

Commemorating the historic visit of Union Minister of Commerce and Industry, Shri Piyush Goyal, to ...

The cumulative value of merchandise exports during April-September 2025 was US$ 220.12 Billion, as compared to US$ 213.68 Billion during April-September 2024, registering a positive growth of 3.02%.

India’s total exports (Merchandise and Services combined) for September 2025* is estimated at US$ 67.20 ...

India Strengthens Global Leadership in Spice Standards at 8th Codex Committee Session in Guwahati

The 8th Session of the Codex Committee on Spices and Culinary Herbs began in Guwahati, ...

India Showcases Digital Public Infrastructure, Proposes SCO Cooperation on Fair and Secure E-Commerce Frameworks

India stressed the scope to leverage the Shanghai Cooperation Organisation’s (SCO) collective strengths for shared ...

AURIC Smart City Celebrates Six Years of Industrial Excellence and Transformation

AURIC (Shendra-Bidkin Industrial Area) in Chhatrapati Sambhajinagar, Maharashtra proudly marks its sixth anniversary, celebrating a ...

DPIIT Completes Migration of Industrial Entrepreneur Memorandum (IEM) Services from G2B Portal to National Single Window System (NSWS)

Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, has ...

DPIIT and Thermo Fisher Scientific Sign MoU to Strengthen India’s Biotech Startup Ecosystem

Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry, signed ...

IIFT Launches International Trade Negotiations Program for Department of Commerce Officials

The Indian Institute of Foreign Trade (IIFT) inaugurated the International Trade Negotiations Program for officials ...

Indian Exporters Advised to Leverage India–UK CETA for Growth, MSMEs Urged to Tap New Markets

The Directorate General of Foreign Trade (DGFT), Regional Authority Delhi, under the Ministry of Commerce ...

Guidebook on Mapping of Harmonized System of Nomenclature (HSN) Codes unveiled byUnion Minister of Commerce & Industry, Shri Piyush Goyal

Union Minister of Commerce and Industry, Shri Piyush Goyal, released the Guidebook on Mapping of ...