Page 10 - ITLN May-June 2024 for Magzter

Spotlight
Project
Logistics

Hermes Travel And
Cargo loading
and shipment of
2500 f/tonne from
The industry needs Shanghai to Kandla
to rapidly transform
from a multimodality,
technology, and
infrastructure standpoint
to meet the future needs
of project logistics.

Harpreet Singh Malhotra
Tiger Logistics

infrastructure development have
exceeded $50 million in the last 3 years
for some companies.
“In the hue of “Make in India”
policy, the government has also Agarwal shedding light on various infrastructure projects require the
implemented various reforms to initiatives by the government. transportation of heavy machinery,
streamline the regulatory process Bagchi emphasises the construction materials, and equipment
aiding the foremost challenge government's infrastructure focus, to various project sites.”
project logistics has been facing for stating, “The Indian government’s The government's ambitious Gati
a long time. Simplifying customer focus on infrastructure development, Shakti National Master Plan, with an
procedures, limiting paperwork, including roads, highways, investment of $1.3 trillion, has also
integrating technology within railways, ports, airports, and urban presented immense opportunities.
procedures has facilitated better and infrastructure, has led to a surge These projects have unique logistics
faster customer clearance for project in construction and development requirements, and companies have had
logistics companies to thrive,” added projects across the country. These to adapt their services to cater to their
specialised needs.
The government's push towards
renewable energy sources has fueled
the demand for project logistics
services. According to a report by
Mercom India Research, India added a
record 13 GW of solar energy capacity
in 2022, and handling oversized
components like wind turbine blades
and solar panels requires specialised
logistics solutions. India's massive
infrastructure development projects,
including highways, railways, and
Hermes Travel And Cargo loading 2X60MT urban infrastructure, have also
pieces for an oversized shipment
created significant opportunities.
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May - June 2024 www.itln.in