This report discusses the losses to the economy due to poor logistics infrastructure, which will substantially increase under current trajectory of infrastructure development, and recommends a new, balanced modal approach for India's logistics infrastructure development. The report reveals that losses to the economy will increase from $45 billion (over 4 percent of GDP) currently to about $140 billion (5.3 percent of GDP) in 2020. The recommended balanced modal approach requires coordinated infrastructure development with increased focus on rail and better utilization of current infrastructure and can reduce losses and India's freight transport energy consumption by approximately 20 percent.