Logistics Performance Index

• India’s rank in the recently released World Bank’s Logistics Performance Index 2023 has improved by six places to 38 out of 139 countries.
  • Singapore topped the index.
• Significant investments in both soft and hard infrastructure as well as technology has led to an improvement in India’s port performance.

About LPI

• LPI is a benchmarking tool created to help countries identify challenges and opportunities they face in their performance on trade logistics.
• LPI 2023 ranks countries on six dimensions of trade – including customs performance, infrastructure quality, and timeliness of shipments.
• The LPI 2023, for the first time, measures the speed of trade with indicators derived from big datasets tracking shipments.