<h1>India Launches National Logistics Portal to Cut Costs, Boost Trade, and Create Jobs by 2022.</h1> The Ministry of Commerce and Industry is developing a National Logistics Portal to streamline international and domestic trade by connecting all stakeholders on a single platform. Announced in the budget speech, this online marketplace aims to integrate traders, manufacturers, logistics providers, and government agencies, reducing logistics costs from 14% to below 10% of GDP by 2022. The complex logistics sector, involving numerous agencies and certifications, is expected to grow from USD 160 billion to USD 215 billion in two years. The portal will enhance trade competitiveness, create jobs, and position India as a logistics hub, implemented in phases.