Out of 115 countries that were assessed for their efficient logistics systems, India came to occupy the 47th slot with a score of 3.12 out of a possible five.
According to the World Bank's 2010 Logistics Performance Index (LPI), Germany has topped list as the most efficient in the world with a score of 4.11, marginally ahead of Singapore (4.09), Sweden (4.08), the Netherlands (4.07), and Luxembourg (3.98). Completing the top 10 list of most efficient logistics nations were Switzerland (3.97), Japan (3.97), United Kingdom (3.95), Belgium (3.94) and Norway (3.93).
Hong Kong landed 13th place with a score of 3.88, beating the US in 15th position with a rating of 3.86. China Mainland is in 27th place with 3.49 points and the Russian Federation ranked 94 with 2.61 points. At the bottom with 1.34 is Somalia in 155th place.
LPI uses more than 5,000 individual country assessments made by nearly 1,000 international freight forwarders to compare the trade logistics profiles of 155 countries.
The 2010 LPI provides a snapshot of selected performance indicators in nearly 130 countries, including expanded information on the time, cost and reliability of import and export supply chains, infrastructure quality, performance of core services, and the friendliness of trade clearance procedures. (Agencies) |
