LEADs index

By | April 9, 2021

LEADs index

what is LEADs index?

The Leads index is a composite indication to evaluate global trade logistics throughout States/UTs based upon stakeholders’ survey carried out by Deloitte for the Ministry of Industry and Commerce.

It’s estimated based on eight variables such as for instance infrastructureservicestimelinesstrace and track, the competitiveness of ratesunderstanding of luggagefunctioning regulatory process, and environment.

Leads is loosely based upon World Bank‘s biannual Logistics Performance Index (LPIby which India was ranked thirty-five among 160 countries around the world throughout 2016up by fifty-four in 2014.

It strives to serve as {an indication|indication} of the effectiveness of logistical services vital for encouraging exports in economic and particular advancement in most cases.