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India ranked 35th among 160 countries in Logistics Performance Index (LPI)

In the recently released bi-annual Logistics Performance Index (LPI) 2016 of World Bank Group, India ranked 35th among 160 countries.
India has improved its ranking in the World Bank Group's bi-annual "Logistics Performance Index 2016", jumping from 54th in 2014 to 35th in 2016. 
•    This was announced by the World Bank Group in its recent launch of the report. 
•    In the latest ranking India has gone past countries like New Zealand, Thailand, Saudi Arabia, Iceland, Latvia and Indonesia who were ahead of it in the index. India's jump of 19 positions in the ranking demonstrates the commitment of various Ministries and agencies of Government of India to make it easy to do business in India.
•    Dr. Jim Yong Kim, President of World Bank met the Prime Minister of India recently and congratulated him on this achievement. 
•    The World Bank studies the policy regulation as well as supply chain performance outcomes across six sub-indices of the Logistics Performance Index and ranks countries based on their performance in all the indices. 
•    It is a perception survey based on the feedback of operators on the ground as they are the people who can best assess the aspects of logistics performance.
•    Feedback of companies responsible for moving goods around the world like multinational freight forwarders and express carriers is taken on a structured online survey. 

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