Nirmala Sitharaman
The Minister of State for Commerce & Industry (Independent Charge), Smt. Nirmala Sitharaman addressing a press conference, in New Delhi on October 14, 2016.

Transport and logistics companies have welcomed India’s latest budget, announced on Saturday, which saw the government unveil an enormous $23bn investment in transport and logistics infrastructure.

Indian finance minister Nirmala Sitharaman (pictured above) also revealed that the country was drawing up a National Logistics Policy to facilitate international trade and drive costs for importers and exporters.

Maersk managing director for South Asia Steve Felder said: “This year’s budget has come with a number of positive updates for the logistics and transport sector.

“A ...

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