Commerce ministry to launch National Logistics portal

The Ministry of Commerce will launch a logistics portal aimed at linking all stakeholders of domestic and foreign trade and all trade activities on a single platform. Suresh Prabhu, Minister of Commerce and Industry, Government of India, in his official Twitter account mentioned that the ministry has stepped up work on developing a national logistics portal, as part of its measures to ensure ease of trading and cut high logistics costs from 14 per cent of the GDP to 10 per cent by 2022.

“The National Logistics portal will be implemented in phases and will fulfil the commitment of the Government of India to enhance trade competitiveness, create more jobs, provide a boost to ‘Digital India’ and pave the way for India to become a global logistics hub,” Prabhu tweeted.