Govt actively thinks of promoting manufacturing of containers and shipbuilding
The expansion of infra spending from Rs.2.5 lakh crore to Rs.7.5 lakh crore and Gati Shakti will benefit the logistics sector most with investment across roads, highways, ports, airports, multi-modal terminals among others, Commerce and Industry Minister Piyush Goyal has assured.
Speaking at the first National Logistics Excellence Awards in New Delhi on 23 June 2022, Goyal said that GatiShakti will help in efficient planning and implementation, thereby ensuring that last-mile connectivity related issues are not there.
He also informed that the government is actively thinking of promoting manufacturing of containers and ship-building.
The Minister noted that the resilient and efficient supply chains developed by the operators in the logistics sector has helped India overcome the challenges of the COVID-19 pandemic and supported the growth in trade seen over the last 2 years.
Goyal also asked the industry to involve start-ups to become more transparent and efficient.
Addressing the award ceremony, the Minister of State for Commerce and Industry Som Parkash Sharma stressed that the availability of cost-effective logistics is critical for growth of the industries and Indian economy, adding that adoption of technologies and upgradation of skill levels of human resources engaged in the sector is a must.
DPIIT Secretary Anurag Jain acknowledged the excellence portrayed by the logistics sector, and shared that GatiShakti, Atmanirbhar Bharat, driven by many MSME and startups of the country, make the logistics sector very crucial to India’s economic ambitions.
The Logistics Excellence Awards will continue to be an annual exercise recognizing excellence in logistics with the private sector in India. fiinews.com
