Platform strengthens India’s digital trade infrastructure
The Commerce and Industry Minister Piyush Goyal says the newly launched Logistics Data Bank (LDB) 2.0, is for advancing India’s journey toward a digitally empowered, investment-ready, and export-competitive economy, as part of a decade-long celebrations of Make in India on 20 Sept in New Delhi https://www.commerce.gov.in/.
The LDB 2.0 will provide critical insights into the availability of facilities and infrastructure across the logistics ecosystem, enabling a real-time tracking and assessment of logistics performance, supporting better planning, higher efficiency, and cost reduction.
He added that the initiative will serve as an important tool for both industry and government to strengthen competitiveness, improve supply chain management, and make logistics in India more efficient and business-friendly https://fieo.org/.
Developed by NICDC Logistics Data Services (NLDSL), LDB 2.0 is a significantly enhanced logistics tracking platform that enables export container tracking on high seas along with multi-modal shipment visibility.
The platform strengthens India’s digital trade infrastructure, supports MSMEs and exporters, and reflects the government’s commitment to building a transparent, data-driven, and globally competitive logistics ecosystem aligned with the vision of Viksit Bharat @2047 https://www.bseindia.com/.
LDB 2.0 introduces high-seas container tracking, allowing exporters to track containers even after departure from Indian ports across international waters, improving coordination and enhancing credibility in global markets. It also offers multi-modal visibility across road, rail, and sea using container, truck, or trailer numbers, as well as railway FNRs through integration with Unified Logistics Interface Platform (ULIP) APIs https://www.nseindia.com/.
A live container heatmap provides location-based views of container distribution across the country, helping stakeholders and policymakers identify imbalances and respond proactively to potential bottlenecks.
Speaking on the occasion, Goyal said, “LDB 2.0 reflects our commitment to making India an export powerhouse. This initiative will accelerate India’s journey toward Atmanirbhar Bharat by empowering exporters and manufacturers with real-time data and smarter infrastructure.”
Launch LDB 2.0 portal: https://drive.google.com/file/d/1muzHd_wpOodgX24x6Z_T7VD9E3-fWSDV/view?usp=drive_link
Fiinews.com
