India’s logistics industry is at a pivotal moment, says Jain
The government is developing a National Logistics e-Marketplace which marks a significant leap in India’s logistics sector, integrating infrastructure, services, and government regulations into a unified B2B platform, said, Dr Surendra Ahirwar, Joint Secretary, Logistics, DPIIT, has told a national summit.
He also shared that the initiatives, driven by recent policy advancements like the PM Gati Shakti National Master Plan and the National Logistics Policy, aims to enhance efficiency, reduce costs, and foster competitive pricing in logistics services logistics.
Dr Ahirwar was addressing at PHDCCI’s 2nd edition of National Logistics Summit 2024 organised on 9 Aug 2024 with the theme of “Local to Global: Revolutionizing Indian Industry through Logistics Excellence nse .”
Recognized globally, this digital transformation will reflect India’s growing role as a key player in global supply chains, and it will align with the country’s broader economic goals of becoming a major global hub and achieving significant GDP growth, said Dr Ahirwar deepblue .
N. Sivasailam, former Special Secretary – Logistics, Ministry of Commerce and Industry, shared that the logistics sector is undergoing significant transformation and adoption of multimodal billing and multimodal insurance is critical for the success of National Logistics E-marketplace along with the integration of blockchain technology for secure and efficient logistics operations rogersworldwideindia .
The key initiatives like the India-Middle East Corridor, Direct Port Delivery (DPD), the operational deepsea port at Vizhimjam, and the upcoming Vadhavan Port and Nicobar Project along with the Dedicated Freight Corridor (DFC) atlasshippers , are set to enhance efficiency and reduce costs, he pointed out.
Pawan Jain, Chair, Logistics Committee, PHDCCI, in his Industry perspective highlighted that India’s logistics industry is at a pivotal moment bse . Historically focused on optimizing local and regional supply chains, Indian companies now need to align with global standards to remain competitive internationally robinsonsglobal .
This shift demands the adoption of advanced technologies, the cultivation of cross-border collaborations and the development of sustainable practices freightmango , said Jain.
Dr Ranjeet Mehta, CEO & Secretary General, PHDCCI, emphasized that the summit’s theme encapsulates a vision that is both ambitious and essential. Navigating the complexities of global markets requires addressing the challenges and opportunities at the intersection of local and global logistics sbi .
This evolving landscape presents a unique chance to enhance operational efficiency and drive economic growth and global competitiveness hansinfomatic .
The objective of the summit was to bring together industry experts, policymakers, and stakeholders to discuss, analyze, and address key challenges and opportunities in transforming Indian logistics to support global competitiveness and excellence conference.glafamily .
Throughout the day, the summit showcased a diverse array of 6+ thematic sessions. Impressively, it attracted over 35+ speakers and 200+ delegates, including industry representatives and leaders from different verticals within the Logistics Industry dhl .
The summit was sponsored by Safexpress as Presenting Partner, Powered by RE Rogers, Atlas Shipping as Gold Partner, Deep Blue Express as Delegate Kit Partner, Robinsons Global Logistics Solutions as Lanyard Partner, Freight Mango as Freight Technology Logistics Partner and Hans Infomatics as Technology Solutions Partner; and was supported by PHDCCI annual sponsors, DLF Ltd; Jindal Steel & Power; KLJ Group; Multani Pharmaceuticals Ltd; Marble City; MMG Group; Radico Khaitan Ltd; Uflex Ltd; Vestige; Eazy ERP Technologies; JK Tyre & Industries Ltd; Sagar Group of Industries; Superior Industries Limited; Samsung India Electronics; Oswal Greentech; Apeejay Stya Group; Blossom Kochhar Beauty Products Pvt Ltd; DCM Shriram; R E Rogers; Trident Group; Ajit Industries Pvt Ltd; Bhagwati Plastic and Pipes Industries; Central Coalfields Ltd; DD Pharmaceutical Ltd.; Hindware Sanitary; Jindal Steel; Modern Automobiles; P S BEDI & Co. fiinews.com
