‘Improve multimodal connectivity to cut dwell time and logistics cost’

Under PM’s Gati Shakti initiative, a lot of stress has been laid on improving airports, ports, rail and road infrastructure and multimodal connectivity via rail, road, air and sea which will ultimately reduce dwell time and logistics cost, shares Sumita Dawra, Special Secretary Logistics, DPIIT, Ministry of Commerce. We have improved our position in the Logistics Performance Index, for LPI, EXIM Trade becomes extremely crucial. There’s need to integrate more technology, to track and trace air cargo, to create visibility and boost efficiency. India is poised to have an export target of USD 2 trillion by 2030, USD 1 trillan in merchandise exports alone. By 2030, if you look at logistics EXIM traffic, we will be handling USD 2 and half trillion of exports and imports for which we need more infrastructure, collaboration, connectivity, competition, technologies and expertise in handling more EXIM business. We are at the crossroads of unprecedented growth and we aim to be in the list of top 25 nations by 2030.”