Cargo Breaking News
Vinet K Chadha, MD, Combined Logistics Solutions says, “PM Gati Shakti Master Plan is a very important initiative for developing country like India. It is targeting the ideal and the perfect sectors which will boost manufacturing like electronics, renewable energy , pharmaceuticals etc . At its core, the plan focuses on enhancing our infrastructure and logistics. By improving transportation networks—such as roads, railways, and ports—we can significantly reduce logistics costs and delivery times, making our manufacturing sector much more competitive. This will also make an attractive proposition for businesses to set up their warehouse in India, ultimately positioning India as a global manufacturing hub.”
National logistics policy – One of the most notable impacts will be the reduction of logistics costs, which currently account for a substantial percentage of GDP.
Another key impact is the integration of technology and digital solutions into logistics operations. Incorporating sustainability , will make India green in the logistics sector well and will also keep India up to date with the world trends.
The world is moving towards “Smart logistics” and now so will India.
Both of these initiative’s impact will be seen long-term. Despite being the 5th largest economy in the world , India is still a developing nation – Its journey towards a developed country will definitely be fast forwarded through these master plans.
