Cargo Breaking News
CII hosted LogiEast logistics summit and exhibition in Kolkata. Debashis Dutta, Chairman CII said, “We have gathered against the backdrop of rapid progress in global trade and logistics. The OECD supply chain resilience review reminds us that the lifting of mini GDCs has gone hand-in-hand with rising GDP per capita, particularly in developing economies like ours. Quite simply, trade creates opportunity and that opportunity can transform lives.”
“Logistics is among the most important industries in the world. In India, it is the backbone of economic growth, employing over 22 million people. A 10% reduction in indirect logistics costs can increase exports by 5–8%.”
“The Government of India has recognised the potential of global trade, logistics and warehousing. Through initiatives like Bharat ULIP, it is creating a unified digital trade ecosystem aligned with global best practices. The pandemic tested us like never before, disrupting labour, supply chains, and operations – yet the resilience of our logistics sector has been remarkable.”
