Sun Aug 03 00:15:00 UTC 2025: Here’s a summary of the text and a rewrite as a news article:
**Summary:**
Union Minister Nitin Gadkari announced on August 2, 2025, that India’s logistics costs are projected to fall below 10% by the end of the year, enhancing the nation’s economic competitiveness. He emphasized the transition to electric mobility and biofuels, the development of a pan-India highway network, and the expansion of sea ports as key strategies. Speaking at an event in Andhra Pradesh where he inaugurated and laid the foundation for numerous road projects, Gadkari highlighted the importance of infrastructure development and called for increased focus on road safety in the state.
**News Article:**
**India’s Logistics Costs Set to Plunge, Boosting Economic Competitiveness, Says Gadkari**
**MANGALAGIRI (GUNTUR DIST.), August 3, 2025** – India’s economy is poised for a significant boost as logistics costs are expected to dip below 10% by the end of December, according to Union Minister of Road Transport & Highways Nitin Gadkari. Speaking at a program in Mangalagiri on Saturday, Gadkari emphasized that a reduction in logistics costs would make India more competitive against economic giants like China and the United States.
Gadkari outlined the government’s strategy for achieving this goal, focusing on a rapid shift from fossil fuels to electric mobility and biofuels, coupled with the development of a comprehensive highway network and the strategic expansion of sea ports. He highlighted the cost-effectiveness of water transport and the importance of multi-modal logistics hubs.
“Water, power, transportation, and communications are crucial for development,” Gadkari stated, drawing a parallel to the United States’ prosperity, attributing it to its advanced road infrastructure.
The Minister virtually laid the foundation for 27 road projects and inaugurated two others in Andhra Pradesh, totaling ₹5,235 crore. He also announced the sanctioning of several key highway projects in the region, including a greenfield highway between Hyderabad and Vijayawada, widening existing routes, and four-laning various sections of highways across Andhra Pradesh.
Gadkari also addressed the high number of road accidents in Andhra Pradesh, citing a Ministry safety audit. He urged Chief Minister N. Chandrababu Naidu and Deputy Chief Minister K. Pawan Kalyan to prioritize road safety measures at the district level.