‘India is emerging as a global manufacturing hub’

Mahesh Malik, Chief Commercial Officer – CarGo, IndiGo said, “The Indian government has been very forthcoming in addressing the requirements of the logistics sector, specially air cargo. PM Gati Shakti National Master Plan (PMGS-NMP) was launched with the purpose of providing multimodal connectivity infrastructure to various economic zones. The launch of the National Logistics Policy is a significant step in making India globally competitive in the logistics space. It will ensure quick last mile delivery, end transport-related challenges, save time and money of the manufacturers, prevent wastage of agricultural products. The policy constitutes planning, coordination, storing and movement of resources—like people, raw materials, inventory, equipment, etc., — from one location to another, from production to consumption, distribution, or other upstream production points. The policy has also proposed some key targets to be achieved, like a reduction in the cost of logistics from the current 14-18 per cent of the country’s GDP to the global best of around 8 per cent by 2030. India is setting big export targets and is also fulfilling them, strengthening the perception that India is emerging as a leading global manufacturing hub.”