PM launches National Logistics Policy; experts say it will provide 'Cheetah Speed' to industry

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Modi also claims that this policy will bring down the logistics cost of businesses from 13-14 per cent to a single digit making India at par with countries like Germany and Japan, which are known for their developed logistics infrastructure and to spend around eight to nine per cent of the GDP on logistics.

Prime Minister Narendra Modi, on Saturday, unveiled the National Logistics Policy in the national capital New Delhi. Modi, while announcing the new policy, said that this is an important step towards the "making of a developed India", and added that the policy has come with a "new energy for every sector".

This new policy aims to expedite last-mile delivery and address challenges facing the transport sector. Modi also said that the new policy together with the infrastructure augmentation plan 'PM GatiShakti' will address gaps. He called the policy a solution for many problems and said that it would lead to improvements in "all our systems".

Vinod Aggarwal, President, SIAM and MD & CEO, VE Commercial Vehicles, on the launch of National Logistics Policy, expressed his views and said: "Automobile industry welcomes the launch of the National Logistics Policy by the Hon’ble Prime Minister Shri. Narendra Modi. It is an extremely vital step taken by the Government that will boost the growth of the Automobile sector as the policy focuses on building superior infrastructure like 35 Multi-Modal Logistics Hubs, which will promote seamless transportation of goods. It is expected that this policy will reduce the Transit Time and Logistics Cost for manufacturers and improve competitiveness of Indian goods in international markets, thereby helping our exports."

Currently, India’s logistic sector has over 20 government agencies, 40 Partner Government Agencies, 37 export promotion councils, 500 certifications, more than 10,000 commodities and a $160-billion market.

Dhruv Agrawal, COO & Co-Founder, Shipsy, said: "The National Logistics Policy is an extensive initiative to improve the effectiveness of India's logistics ecosystem. This will be an unspoken act of support for the logistics sector. NLP aims to encourage the smooth circulation of goods and increase the industry's competitiveness. The policy is favorable to put a strong emphasis on things like multi-modal transportation, digitization, and process re-engineering. The decision becomes significant because excessive transport costs reduce domestic goods' ability to compete in the global market."

"With a motto of Policy + Performance = Progress, the new phase is only getting started. The government’s aim to speed up exports is a welcome move as they build 40 air cargo terminals and have also announced the formation of over 35 multi-modal logistics hubs in India," added Agrawal.

PM Modi, in his address, said: "In the Amrit Kaal, the country has taken an important step towards the making of a developed India. The echo of Make in India and India becoming self-reliant is everywhere. India is setting big export targets and is also fulfilling them. India is emerging as a manufacturing hub. In such a situation, the National Logistics Policy has brought new energy for all sectors."

Modi also claims that this policy will bring down the logistics cost of businesses from 13-14 per cent to a single digit making India at par with countries like Germany and Japan, which are known for their developed logistics infrastructure and to spend around eight to nine per cent of the GDP on logistics.

"India is emerging as a manufacturing hub. The world has accepted India as a leader in manufacturing. The National Logistics Policy has helped the manufacturing sector," he added.

Vineet Agarwal, MD at Transport Corporation of India, said: "Push towards seamless multimodal transportation and modern connectivity will be a game changer as it will shift the transportation stress from just road to other modes as well. It will help us drive the ESG goals and focus on a better cost structure. The paperless supply chain initiative, strengthened cooperative federalism, ease of Logistics services portal (e-log), and standardisation of the warehousing sector will help India become one of the top 25 Logistics performers in the world. The Unified Logistics Interface Platform (ULIP) tenant of the NLP will enhance visibility for customers and enable logistics companies like us to adopt digitisation at a much larger scale."

He added that, "Gati Shakti Vishwavidyalaya will act as human resource for the drivers and other such training programmes will be provided to the workforce. NLP is an encouragement for all the stakeholders in the Supply Chain segment & will be one of the key pillars for India to become a $5 trillion economy. It will surely provide the 'Cheetah Speed' to the logistics industry and make India a global logistics hub."

PM Modi also stated that global experts are saying that India is emerging as a democratic superpower and are impressed by the extraordinary talent ecosystem of the country."Experts are appreciating India's determination and progress."

The government is using technology to strengthen the logistics sector, he added. Modi, while talking about the drone policy, said drones will improve the logistics sector. The capacity of ports has also been increased and the container vessel turnaround time has been cut to 26 hours from the previous 44 hours, he said.

PM Modi also said that India is now the world's fifth largest economy and is emerging as a manufacturing hub. He added the world has accepted the production-linked incentive (PLI) scheme announced by the government for boosting domestic manufacturing.

The centre has been working on the National Logistics Policy for the last three years. The Ministry of Commerce released a draft logistics policy for consultation in 2019, which was delayed because of the COVID-19 pandemic.


Union Minister Piyush Goyal Chairs Round Table With Investors; CM, Industry Minister Officials Attend Meet

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An Investors Round Table Conference was held by the National Industrial Corridor Development Corporation (NICDC) and Dholera Industrial City Development Limited (DICDL) in Gandhinagar on Saturday to discuss progress of the National Industrial Corridor Development Program. Charing the round table, Union minister Piyush Goyal said Gujarat is progressing at a faster pace in ease of doing business (EODB) and manufacturing, achieving new dimensions of development with ecosystem.

Goyal was accompanied in the third round table conference in Gujarat, after the ones in Delhi and Kochi, by Chief Minister Bhupendra Patel, industries minister Jagdish Vishwakarma and MD and CEO of NICDC and Special Secretary to GOI, Amrit Lal Meena.

Addressing the audience, Goyal said, “Gujarat has been the benchmark state in building a holistic and comprehensive roadmap for the future economic growth of the country. Gujarat is also one of the best states to have the ideal industrial ecosystem.”

Highlighting Dholera’s importance, he said, “It has the potential to become one of the world’s biggest and best manufacturing industrial zones. Dholera-SIR is the first platinum-rated industrial smart city in India.”

CM Bhuprendra Patel said, “Over the years, Gujarat has been at the top position in various measures of the Government of India such as EODB, logistics performance index (LPI), good governance index (GGI), export readiness and Startup Ecosystem.”

Dholera SIR, PM Modi’s dream project, was announced in 2009.


Nirmala Sitharaman asks Niti Aayog to map all industrial zones under Gati Shakti initiative

Nirmala Sitharaman asks Niti Aayog to map all industrial zones under Gati Shakti initiative  The Union finance minister Nirmala Sitharaman on Thursday asked the Niti Aayog to prepare a report that maps all the industrial zones including industrial  corridors, logistics parks and pharma hubs to be incorporated under the PM Gati Shakti initiative. Sitharaman also urged the shipping ministry to explore linkages   that can be achieved between seaports and the industrial corridors.

 These suggestions were made by the minister while she chaired the first meeting of the Apex Monitoring Authority for the National Industrial Corridor     Development Programme(NICDP).

"I would like the NITI Aayog to map all this (industrial corridors, freight corridors, defence corridors, manufacturing zones, textile parks, logistics parks, medical  and pharma hubs). Map it all and tell us where you see a possibility for bringing them under the PM Gati NSE 0.14 % Shakti," Sitharaman said."I find many of  them still lying loose and unconnected. Mapping it up will probably give a better idea of how they can all come into scheme of things," she added.

  She added that Gati Shakti National Master Plan will bring greater coherence in all investments pertaining to infrastructure projects.


Piyush Goyal urges states to fast track National Industrial Corridor projects

aNew Delhi [India], April 22 (ANI): Union Commerce and Industry Minister Piyush Goyal has urged the states to put the National Industrial Corridor Corporation (NICDC) projects on the fast track and set a deadline for the acquisition and allotment of land in industrial nodes and clusters. 

Addressing the investor round table conference on National Industrial Corridor Development Programme, Goyal warned the states that the projects could be shifted to other states if the allotted states fail to acquire land and fast track the development.

"Eighteen states are being urged to do their decision making very quickly, offer the land, otherwise we will be forced to foreclose those projects and maybe offer them to other states who may be willing to speed up the investment," Goyal said.

The Minister, however, warned there should be no land squatting but units must be set up soon that would lead to the absorption of new technologies and creation of jobs, according to an official statement released by the Ministry of Commerce and Industry on Friday. The round table meeting was held on Thursday night.

"Ultimately the nation's assets have to be put to good use. As we say in business management terminology, 'Let's sweat our assets as much as we can, let's put to use whatever infrastructure or facilities that are created wherever to the maximum possible use," Goyal said.

The National Industrial Corridor Corporation (NICDC) is implementing 11 corridors comprising 32 projects in four phases.

Stating that one NICDC project is at the cusp of taking off, Goyal said several states are offering incentives under NICDC projects. CEO, Greater NOIDA has committed to allotment of land in 20 days and CEO, Dholera has offered 50 per cent discount on the land cost to the first anchors for the first 30 per cent of plots available, he said. NICDC is India's pioneering infrastructure programme, developing new industrial cities as 'Smart cities' through the convergence of next-gen technologies, creating benchmarks and competition with the best manufacturing/investment destinations in the world.

The NICDC was approved by the Government in December 2020 for the development of 11 industrial corridors with 32 state-of-the-art projects to be developed in 4 phases by 2026-27.

A combined investment of Rs 16,760 crore has been already done in the 4 cities for the 173 allotted plots. The four 'Smart' industrial cities are emerging at Dholera (Gujarat), Shendra Bidkin (Maharashtra), Vikram Udhogpuri (MP) & Integrated Industrial Township in Greater Noida (UP).
At the national level, Infra initiatives are being driven by the Government's flagship programme, - PM Gati Shakti. It will play a key role in streamlining the remaining 28 NICDC projects under implementation with an aim to bring down the logistics cost, the Ministry of Commerce and Industry said. (ANI)