Exporters Raise Logistics Costs Concerns with Piyush Goyal
Exporters and freight agencies have voiced concerns over high terminal handling charges at ports and the underutilisation of dry ports, adding to India’s overall logistics costs. During a meeting with Commerce and Industry Minister Piyush Goyal, they highlighted that the fees charged by shipping terminals for container storage and positioning before loading exceed port charges by Rs 10,000-15,000 per consignment. The discussion focused on logistics and shipping challenges, with the government actively working to reduce costs across the supply chain, according to an official. India is targeting over $800 billion in goods and services exports in fiscal 2025, an increase from the $778 billion achieved in the previous fiscal year. (ET)
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