States along with the private sector must develop action plans for better logistics business to attract investments. There is a need to develop regional and city-level logistics plans as well for last-mile connectivity. This was stated by Union Minister of Commerce & Industry, Piyush Goyal during the release of the; Logistics Ease Across Different States (LEADS) 2024- report in New Delhi. He also presided over the felicitation function of the Logistics Excellence, Advancement, and Performance Shield (LEAPS) 2024.
He emphasised on implementation of measures to promote green logistics, workforce inclusivity and facilitation of Central Government projects. He noted that adoption of newer technologies like Artificial Intelligence, Machine Learning, Data Analytics is vital for achieving greater success in future. The Minister also laid emphasis on skill development to boost the logistics sector.
Minister Goyal also said that the country should engage on gender inclusivity and encourage greater participation of women in the sector and States must leverage public-private partnerships (PPPs) in the logistics sector for better success. He urged the States to look at multi-modal hubs for in-land container depots and make land available through the bidding mode to promote transparency and cutting down costs.
He urged the logistics sector to adopt LEAD framework – Longevity, Efficiency and Effectiveness, Accessibility and Accountability and Digitalisation of processes to transform the logistics sector and prepare India for a Viksit Bharat by 2047.
On this occasion, Goyal highlighted the significance of LEADS in providing actionable insights to States and UTs to advance logistics reforms. He commended the collaborative efforts of all stakeholders in making logistics a critical enabler for India’s economic growth. “Logistics should look at exponential growth for India to grow rapidly”, he said.
The above initiatives by DPIIT are crucial to strengthening India’s logistics ecosystem by fostering competitive federalism and recognizing innovation, as they pave the way for a more efficient, sustainable, and globally competitive logistics sector, contributing to India’s vision of becoming a $32 trillion economy by 2047.
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