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As Recovery Strengthens, Logistics Indicators Scale New Highs
Logistics indicators stood out for a particularly sharp pick-up amidst economic normalisation.
16 Feb 2021, 04:39 PM IST
As the Indian economy inches back towards normal, indicators reflecting the movement of goods across the country are moving higher, in some cases to record levels.The economy, according to the Nomura India Business Resumption Index, is a whisker away from pre-Covid levels. Economic activity is now only ~2 percentage points below pre-pandemic levels, Nomura said in a report on Monday.The recovery has been led by goods over services, s...
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