Page 16 - ITLN-September-October-2024-Issue-for-Website

Feature
National
Logistics Policy

"We aim to reduce logistics costs by
15-20 percent over the next two years by
optimising our supply chain operations Conference that matters – fresh and cool Conference that matters – fresh and fruitful
through AI and automation. This includes
improving last-mile delivery efficiency, APRIL APRIL
enhancing warehouse management and 09 2025 10 2025
integrating more sustainable practices
in our fleet. We are also focused on
expanding our footprint in tier-2 and
tier-3 cities, improving the ease of Nairobi, Kenya
movement for goods across diverse
geographical regions."
The central government has
Photo: DP World high-speed road corridor projects
approved eight important national
of length 936 km at a total capital
cost of Rs 50,655 crore to improve
logistics efficiency, reduce congestion SAVE
transportation systems. "By aligning United States and China in the logistics and enhance connectivity across the
NLP goals with the government’s sector. To emulate China’s infrastructure country, according to an update from
environmental objectives, India policies during the early 2000s, India’s the Ministry of Road Transport.
can work towards reducing carbon government must continue to encourage The projects include the six-lane
emissions while enhancing private participation in infrastructure Agra-Gwalior corridor, four-lane
operational efficiency. Infrastructure development and manage the operations Kharagpur-Moregram corridor, six-lane
development with a focus on of logistics terminals. If not acted Tharad-Deesa-Mehsana-Ahmedabad
sustainability could also support on promptly, logistics may remain a corridor and the eight-lane elevated Join us to resume our last year’s
long-term environmental goals." bottleneck in the path of development, Nashik Phata-Khed corridor near Pune.
With rising environmental concerns, constraining the progress in both the "The length of national highways discussions on sustainable practices, THE
our logistics strategies have evolved primary and secondary sectors of has increased about 1.6 times from Kenya’s preparedness for big exports &
to reflect sustainability goals, adds India’s economy." 0.91 lakh km in 2013-14 to 1.46 new markets, and digital transformation
Sharma. "Measures such as using Given the current landscape, it lakh km currently. There has been a in packaging solutions.
hybrid vehicles and implementing is crucial to systematically upgrade significant increase in pace of award
route optimisation not only reduce fuel our infrastructure and technological and construction of national highways
consumption and emissions but also capabilities to optimise logistics costs, in the last 10 years. For instance, the
align with the NLP’s focus on green simplify operations, and meet the average annual pace of award of NH DATE
logistics, offering both environmental ambitious objectives set by the NLP, contracts has increased by 2.75 times
and economic benefits." adds Sharma of Gati. “However, this from about 4,000 km in 2004-14 to
approach must go beyond market about 11,000 km in 2014-24. Similarly,
Challenges ahead expectations to keep the logistics sector the average annual construction of
Structural reforms in the logistics at the forefront of India’s transformation, national highways has also increased by
sector, particularly in infrastructure achieving both operational excellence about 2.4 times from about 4,000 km in
and customs, were long overdue in and environmental sustainability.” 2004-14 to about 9,600 km in 2014-24.
India, says Rajan and Krishnan in Sarang feels meeting the The total capital investment in national
their report. "In this direction, the ambitious NLP targets within the highways including private investment
NLP facilitates rapid technology established time frame will depend has increased by six times from Rs
adoption and creates synergies among on continued collaboration between 50,000 Crore in 2013-14 to about Rs 3.1
government ministries in developing the public and private sectors. "With lakh crore in 2023-24."
and implementing logistics projects. significant government support and The corridor approach, according to
The methodology proposed to achieve focused implementation on critical the ministry, has led to the identification
a balanced modal mix by harmonising infrastructure and technology, of a network of 50,000 km of high-speed
roadways, railways, airways, and India is on the right path. However, highway corridors through a scientific
waterways is promising and should overcoming challenges like regulatory transport study based on Goods and Organised by For sponsorships and registration For speaking opportunities
yield strong results. delays, infrastructure gaps and skilled Services Tax Network (GSTN) and toll renju@statmediagroup.com libin@statmediagroup.com
"The policymakers should seek to workforce shortages will be key to data to support India's transformation
match the strategies employed by the staying on track. into a $30+ trillion economy by 2047. 
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