‘Budget promises rise in investments in infra & MMLPs’

Vineet Malhotra, Co-Founder Director, Kale Logistics Solutions shares, “The 2024 Indian Union Budget brings promising developments for the logistics sector with significant investments in infrastructure and the development of multi-modal logistics parks. These initiatives will enhance connectivity, reduce transportation costs, and align with the government’s vision of a robust logistics ecosystem, fostering efficiency, upskilling the workforce, and driving economic growth. Furthermore, India’s Maritime Vision 2030 and Maritime Amrit Kaal Vision 2047 outline comprehensive initiatives to improve ports, shipping, and inland waterways, aiming to reduce vessel turnaround time and increase daily ship output. These visions reflect a commitment to growth and development in India’s coastal regions. At Kale Logistics Solutions, we are optimistic about these measures, which will undoubtedly strengthen supply chains in India.”