Cargo Breaking News
To boost logistics activity in the region, N Chandrababu Naidu, Chief Minister of Andhra Pradesh has announced that the state will be developed as a key logistics hub on the East Coast. He also mentioned that state government will soon set up a Logistics and a Civil Aviation University to strengthen the sector, said CM during the East Coast Maritime Logistics Summit, organised jointly by the Global Forum for Sustainable Transformation (GFST) and Maritime Gateway in Visakhapatnam. The CM emphasised, “Logistics sector currently contributes around 1 per cent to the Gross State Domestic Product (GSDP). The goal is of raising this share to 3 per cent in the coming years.” As per the reports, he also proposed the creation of a 20-member advisory body comprising representatives from port and shipping industries to guide the state on developing Andhra Pradesh as a global logistics hub. He said that with six operational ports and four more under development, the state is well-positioned to expand its port-led economy.
