Amit Maheshwari, CEO, Softlink Global shared his expectations from the upcoming budget and says, “I have clear expectations for the upcoming budget to support both the tech and logistics sectors. Specifically: Invest in infrastructure enhancements including improved roads, ports, and railways. Efficient infrastructure is the backbone enabling logistics operations and the wider economy. Incentivise adoption of modern technologies such as AI, IoT, and blockchain to increase supply chain transparency, boost efficiency. Introduce incentives for environmentally sustainable practices – electric vehicles, energy-efficient warehouses. This facilitates alignment with global climate goals. Fund skills training programs specialized for logistics and technology talent development. A competent workforce drives innovation and excellence.
Simplify complex regulatory frameworks that hinder smooth logistics operations. Streamlining processes can facilitate easier compliance. Expand access to financing and tax benefits essential for SMEs to sustain and scale operations in the competitive logistics technology segment. Promote international trade by easing cross-border processes. Simplification leads to improved global competitiveness. Offer R&D incentives to stimulate continued innovation in logistics technology for ongoing evolution.
The budget is a timely opportunity to enable logistics industry growth from a technology lens, bridging both spheres for higher efficiency, sustainability and global impact.”