kalllppaanaaa

We were expecting an update on the long-awaited National Logistics Policy: BVC Logistics

“The logistics industry was looking forward to this year’s budget speech,” says, Rajesh Neelakanta, ED & CEO, BVC Logistics, in adding, “We were expecting an update on the long-awaited National Logistics Policy. However, there have been some hits and misses for us. Certain good points to look forward are reduction in timelines for reopening of assessments from 6 years to 3 years. Businesses can now breathe relatively easy because of this announcement. Boost to infrastructure development by allowing TDS exemption for investments in to INVITs. Rationalising custom duties on gold and silver is a welcome move. The focus on logistics through the development of road and highway projects will encourage economic transformation and seek to improve connectivity that is much needed for the growing economy.”

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Proposal to monetise DFC and airports will open up a new frontier of supply chain solutions: Stellar Value Chain Solutions

“The government’s focus on infrastructure development and the budget proposal for a sharp increase in capital expenditure for FY2021-22 will make the supply chain more agile and operationally efficient,” says, Anshuman Singh, Chairman, and Managing Director, Stellar Value Chain Solutions. He adds, “The proposal to monetise dedicated freight corridors and airports will open up a new frontier of supply chain solutions and these are steps in the right direction. As the consumption story of India is in a revival mode and the country needs to further strengthen its position in the global supply chain, the proposals will set a strong foundation to achieve those targets.”

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Government’s push to port, road & rail infrastructure will add to the development of logistics industry: Gateway Distriparks

According to Prem Kishan Dass Gupta, Chairman & Managing Director, Gateway Distriparks, “The announcement of massive investment of Rs. 2000 crore on seven port projects under PPP mode will boost the logistics sector and enable overall economic growth. With road and rail connectivity being an indispensable factor of the economic development, an allocation of Rs 1,10,055 crore for Railways has been made where the eastern and western dedicated freight corridors will be commissioned by June 2022. This will help in bringing down the logistics cost as well as ensure smooth connectivity between different points of country and ensure easy and faster freight movement. The Union Budget targets 100 percent electrification of broad-gauge railways to be achieved by 2023. This will increase efficiency, and reduce dependence on conventional fuels. The Government’s push to port, road and rail infrastructure through various investments, initiatives and projects will further add to the development of the logistics industry in India.”

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All efforts are in the right direction to bring down the logistics and transportation cost: Robinsons Global Logistics Solutions

“The 2021-22 union budget was a highly anticipated one, given the current economic situation and the global environment of volatility and uncertainty. And I would say it has delivered well, given the background. While this budget comes at the heels of the mini-budgets announced through-out the last year, in the wake of the COVID 19 pandemic, it has been progressive, and offers an objective and detailed plan of action. The Rs 1.15 thousand crore allocation for railways, plan to privatise airports in tier 2 and tier 3 cities and completion of 8,500 Kms of strategic highways by March 2022, are all efforts in the right direction, to bring down the cost of logistics and transportation. Further, the development of Eastern, Western, East-coast, East-west and North South dedicated freight corridors, is set to give a boost to logistics and supply chains across the country, improving connectivity and bringing down the costs. The voluntary scrapping policy for vehicles and the thrust on electronic/ greener transportation will, in turn, help reduce the carbon emission and control the air pollution index, which was vastly attributed to transportation. This has out and out been a well-planned and detailed budget that showcased the actionable points by the government and the desired impact, in line with the long term economic goals,” Aditya Vazirani, CEO, Robinsons Global Logistics Solutions.

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Focus on infrastructure to facilitate exports and manufacturing is a welcome move: FIEO

Hailing the Union Budget 2021- 22, Sharad Kumar Saraf, President, FIEO, said that the budget has rightly put its focus on infrastructure to revive the economy, address the job loss and support the industries providing inputs for infrastructure. A world class infrastructure will go a long way to make our manufacturing and exports competitive besides reducing the logistics cost. The setting up of seven mega investment Textile Parks would attract investment in the sector, bringing the cutting-edge technology and creating the economy of scale so as to compete with our South Asian and South East Asian competitors. The levy of agri-cess will help in creating agri infrastructure reducing the wastage and enhancing the quality of agri products. Lack of infrastructure is also affecting the prices of the agri commodities. The various facilities for fisheries will push marine exports of the country which has yet not reach anywhere near its potential.” President FIEO said that privatization of the management of major ports will bring the necessary efficiency thereby reducing the cost benefitting the exim community. He hoped that the Government will bring a policy to develop a National Shipping Line to take a major share of India’s exim trade. Saraf said that the Government should allocate the requisite funds for RoDTEP, MEIS and SEIS so that the uncertainty is removed and exporters’ past claims may be released quickly as the same has severely eroded their liquidity.

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Union Budget 2021-22 focuses on bringing down logistics costs

Finance Minister Nirmala Sitharamn presented the Union Budget 2021-22 in parliament today. The government plans to soon put the next lot of airports for privatisation that will help monetise these assets for operations and management. While presenting the budget, Finance Minister says, “AAI airports in tier-2 & 3 cities to be monetised.” The Minister says, “Bringing down the logistic costs for our industry is at the core of our strategy to enable ‘Make in India’. It is expected that Western Dedicated Freight Corridor (DFC) and Eastern DFC will be commissioned by June 2022. The additional proposed initiatives are that the Sonnagar – Gomoh Section (263.7 km) of Eastern DFC will be taken up in PPP mode in 2021-22. Gomoh-Dankuni section of 274.3 km will also be taken up in short succession. We will undertake future dedicated freight corridor projects namely East Coast corridor from Kharagpur to Vijayawada, East-West Corridor from Bhusaval to Kharagpur to Dankuni and North-South corridor from Itarsi to Vijayawada. Detailed Project Reports will be undertaken in the first phase. c. Broad Gauge Route Kilometers (RKM) electrified is expected to reach 46,000 RKM i.e., 72 per cent by end of 2021 from 41,548 RKM on October 1, 2020. 100 per cent electrification of Broad-Gauge routes will be completed by December, 2023.

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DB Schenker transforms its IT infrastructure with Microsoft Azure

DB Schenker collaborates with Microsoft to accelerate the logistics service provider’s transformation towards becoming a leading global digital logistics company. Within this collaboration, DB Schenker has set the next milestones for the evolution of its future ‘logistics-as-a-service’ approach. Markus Sontheimer, CIO/CDO, DB Schenker, says, “Our digital services will create value for our customers by making supply chains more data-driven and efficient. Using Microsoft Azure will boost our ability to seamlessly connect our cloud- based services with our real-world logistics solutions.” Ulrich Homann, Corporate Vice President & Distinguished Architect, Cloud + AI at Microsoft said, “Investments in digital technologies help companies reimagine their businesses and build more agile and resilient operations. By harnessing Microsoft Azure, DB Schenker enables organizations to redefine their supply chains and accelerate the delivery of new customer value.” DB Schenker will migrate key infrastructure services to Azure. This will enhance security, speed and scalability of DB Schenker’s cloud-based services. DB Schenker has already commenced the first cloud migration projects by using the Azure Migration Program in several country organizations. AMP supports with best practices, guidance, direct access to Azure engineers, tools and subsidized partner services. A new Big Data service on Azure will enable DB Schenker to analyse and optimise volumes, capacities and supply chain performance in near-real time.

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DP World partners with UNICEF to support COVID-19 vaccination globally

DP World and UNICEF have announced a wide-ranging partnership to support the global distribution of COVID-19 vaccines and related immunisation supplies in low and lower middle-income countries. The new partnership – with a multi-million dollar value – is the largest to date to support UNICEF’s lead role in procuring and supplying 2 billion doses of COVID-19 vaccines and auxiliary vaccination supplies on behalf of the COVAX Facility. DP World and UNICEF will also collaborate on other global programs in support of education, health, women’s empowerment and water and sanitation. DP World will provide UNICEF with logistics solutions and supply-chain expertise. By using DP World’s warehouse facilities in Dubai, UNICEF will have optimised access to many countries. In addition, DP World has committed to leveraging its global logistics infrastructure and services on a pro-bono basis in support of COVID-19 vaccine logistics needs, including transport, port and storage requirements in countries where DP World is present. Dubai is currently used by UNICEF as a strategic hub for pre-positioning auxiliary materials needed for the COVID-19 vaccine campaigns, such as syringes and safety boxes. The partnership was signed by Henrietta Fore, UNICEF Executive Director, and Sultan Ahmed bin Sulayem, Group Chairman and CEO, DP World. It arose from UNICEF’s collaboration with the World Economic Forum’s Supply Chain and Transport Community, of which DP World is a member and explores how the community collectively could support an equitable access to the COVID-19 vaccines globally. “Distributing COVID-19 vaccines is humanity’s biggest logistics challenge since the end of the Second World War,” said Sultan Ahmed bin Sulayem. “We offer our infrastructure and expertise to support this effort because everyone should have access to vaccines, especially the most …

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21CC Education teams up with NSDC to educate logistics & transportation industry

21CC Education has partnered with National Skill Development Corporation (NSDC) to provide skill-based education specifically for the logistics and transportation industry. The partnership is pioneering in its effort to present an opportunity for thousands of users present on NSDC’s eSkillIndia portal and in its skilling ecosystem to not only upskill, but also help a largely unaddressed demographic in the Indian workforce build robust careers in the logistics, transportation and supply chain sectors. Sanjay Tiwari, Co-Founder of 21CC Education, says, “The trend is clear- it is time to change the face of logistics and transportation. It is time to invest in people and in using resources to upskill and reskill them. Through this new association with NSDC, our young and robust workforce will have the opportunity to not only be gainfully employed, but also build a legitimate career by training with us.”

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We expect universal platform for air cargo industry: Sunil Arora

Since the annual financial budget is soon to be delivered by the Finance Minister, Sunil Arora, President, Air Cargo Agents Association of India (ACAAI) shares the expectations from government. He says, “We need to be honest to ourselves and so does our government need to be truly honest towards air cargo industry. For our government, aviation means nothing else other than two A’s which are Airlines and Airports. What about agents and allied stakeholders? Industry is suffering and it’s unfortunate that pandemic has taken us back by few years. We do not expect any miracle or direct stimulus from this financial budget . The government and civil aviation Ministry in particular does not considers logistics and cargo as a significant contributor in the economic progress. We have been for years only talking to protect our National Airline, Industry desires and requests to MoCA on various fronts should be heard as priority . Logistics are intergral supporters of EXIM industry. We want government to focus on reduction of logistics cost , freight rates and operational expenses. Industry expects a much better facilitation work environment.” He continues, “A robust fully integrated comprehensive universal IT platform is required across Indian custom ports and gateways upon which our exporters, importers and supply chain managers can rely upon. We want all stakeholders to talk one language and same methodology pan India. All allied agencies are yet not on board since years. Another concern is the ever increasing cost of logistics which is a big burden. We appreciate market driven competition but not at the overnight increase in freight rates. Direct intervention and control by government is necessary and expected in this budget to slow the …

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