Page 32 - ITLN November - December 2024

Special Report
Sustainable
Logistics

Sustainable supply chains

From emissions

to efficiency

in India

India’s logistics sector is rapidly adopting sustainability measures
to cut emissions and enhance efficiency, aligning with the
country's pledge to reduce emissions intensity by 45% by 2030.
Parijat Sourabh

ndia's logistics sector stands at a not competing priorities but The transition towards sustainable
pivotal moment as sustainability complementary goals. logistics is driven by a complex
transforms from a buzzword into interplay of environmental necessities
Ia business imperative. According The green imperative and economic opportunities.
to data by Blueweave consulting, The transportation and logistics sector International trade partners are
the India Supply Chain Management accounts for approximately 14% of increasingly demanding green
(SCM) market was valued at $3.42 India's total CO2 emissions, according certifications, while domestic
billion in 2023 and is expected to to recent environmental assessments, consumers show a growing
grow at a CAGR of 11.1% during the as per the data by the United Nations preference for environmentally
forecast period from 2024 to 2030, Development Programme, India has responsible companies. This shift
reaching an estimated $6.43 billion pledged to reduce the emissions has compelled logistics companies
by the end of 2030. Stakeholders intensity of its GDP by 45% by 2030. to reimagine their operational
across the spectrum are recognising This commitment has brought strategies, focusing on reducing
that environmental responsibility sustainable supply chain practices to carbon footprints through innovative
and operational efficiency are the forefront of industry transformation. technological interventions.
For instance, Liquefied Natural Gas
(LNG) has emerged as a promising
alternative fuel technology in the

A heavy-duty
LNG-powered
truck by
Greenline

30
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