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CONCOR: PIONEERING INDIA'S LOGISTIC REVOLUTION FOR OVER 30 YEARS
The Business Guardian
|November 05, 2023
Logistics is very essential for the Indian economy Las it is the differentiating sector that can largely affect the exports with the underlying assumption of a robust logistics sector.
An effective logistics industry can help to determine the degree of ability that business enterprises can keep up with demand.
The Indian government had launched the PM GatiShakti National Master Plan for multimodal connectivity infrastructure to various economic zones in the country. This fresh transformative plan approach by the government has been to improve logistic efficiency, reduce logistic costs, integrate infrastructure development plus ensure seamless movement of people and goods. While logistic efficiency is envisaged as a function of integrated infrastructure with services and human resources, the government has proposed the development of the entire logistic ecosystem in the National Logistic Policy.
The policy vision is to develop a trusted logistic ecosystem in the country for accelerated inclusive growth. The Govt target is to be among the top 25 countries in the Logistic Performance index and reduce the cost of logistic in the country and thus create a data driven mechanism for an efficient logistic ecosystem.
This story is from the November 05, 2023 edition of The Business Guardian.
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