NLP to enable efficacious logistics & infra: Bhalla

The National Logistics Policy (NLP), which will help India propel into a top manufacturing and sourcing country globally, has been approved by the Union Cabinet, chaired by Prime Minister Narendra Modi. Acknowledging the same, Manu Raj Bhalla, President, Warehousing Association of India (WAI) said, “The policy encompasses all aspects of the supply chain such as transportation infrastructure and technology to provide cost-effective, sustainable, and robust multimodal solutions with real-time visibility to industry stakeholders.” “The policy will complement the PM Gati Shakti National Masterplan, will facilitate investment in warehousing and logistics infrastructure, dovetailing into Make in India alongside the Aatmanirbhar Bharat initiative,” he added. The vision is to develop a technologically enabled, cost-efficient, resilient, sustainable, and trusted logistics ecosystem for accelerated and inclusive growth. The policy includes a detailed action plan to achieve reduction in logistics cost in India, to be in the top 25 countries in the Logistics Performance Index ranking by 2030, and to create data-driven decision support mechanism for an efficient logistics network. “Several initiatives under the policy, including Unified Logistics Interface Platform (ULIP), the Ease of Logistics Services platform, e-handbook on Warehousing, training courses on PM Gati Shakti Masterplan, and logistics on i-Got, were launched along with the NLP. All these initiatives will help facilitate the digital transformation of the Indian logistics and supply chain ecosystem, thus enabling integration with the global value chains in an efficient and cost-effective manner,” said Bhalla.