Moving at pace

PPP projects are finally giving a boost to logistics infra; plugging a few gaps is necessary

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SHAKE-UP OF global trade and financial systems is under way, with the supply chains of goods and services too undergoing a concomitant restructuring. The unprecedented scale of this reorganisation of transactional commerce is caused not only by geopolitical fracturing, and a strong wave of protectionism, but is also driven by the rapid expansion of e-commerce, as well as digitisation of cargo movement and logistics systems. Whether India would gain from this churning or be left high and dry yet again, will depend on how efficient and fast it could cut redundant economic costs. While several structural changes of the economy are needed, and there's scepticism about the pace at which these are being undertaken, what's inspiring confidence is the major headway being made on the logistics front. That public-private-partnership (PPP) projects have really taken off in assorted areas of logistics infrastructure is encouraging.