Ketan Kulkarni, Chief Commercial Officer, Blue Dart shares his expectations for the logistics sector. He says, “As we emerge from the polycrisis , I believe that for the growth of the logistics sector, technology adoption will be key to achieving operational efficiency and a tool to reach a wider customer base, alongside providing best-in-class solutions & services. Given that the overall consumption in the country will more than double from $2 trillion in 2022 to $4.9 trillion by the end of the decade, logistics will be a key enabler to facilitate trade & consumption. The sector will need to address the complexities of the new normal by becoming more data-driven, agile and embedded intelligent systems to improve efficiency and also enhance the customer experience.
The double engines of the PM Gati Shakti plan and the National Logistics Policy (NLP) will be highly effective in this regard. This budget should fund multiple interventions across the logistics ecosystem under the NLP so that its impact is visible over the next 12–18 months. This would lead to the development of world-class infrastructure especially on the multimodal transport front, while also addressing the need to digitalise a well-integrated assets platform, and regulate & build capacities needed for the sector making it future ready for the nation to grasp all the opportunities that come its way.”