India aims to bring down logistics cost to below 10 per cent of the GDP from about 14 per cent at present to increase the competitiveness of the manufacturing sector, Som Prakash, Minister of State for Commerce and Industry has said. “Currently, the logistics cost in India is 30-40 per cent higher than the global benchmarked logistics cost. Therefore it is a big challenge for the government to reduce it. The aim is to reduce it to 10 per cent of the GDP or less,” the Minister added.