India has improved on the World Bank‘s Logistic Performance Index (LP

India has climbed six places on the World Bank‘s Logistic Performance Index (LPI) 2023, now ranking 38th in the 139 countries index, as a result of significant investments in both soft and hard infrastructure as well as technology.    India was ranked 44th on the index in 2018 and has now climbed to 38th in the 2023 listing.     According to the report, India’s rank moved up five places in infrastructure score from 52nd in 2018 to 47th in 2023. It climbed to 22nd spot for international shipments in 2023 from 44th in 2018 and moved four places up to 48th in logistics competence and equality. In timelines, India witnessed a 17-place jump in rankings, whereas it moved up three places in rank in tracking and tracing to 38^th.