National Logistics Policy: What experts say and how it will benefit companies

Talking about the dedicated freight corridor, he said, “The Western dedicated freight corridor (DFC) and the eastern dedicated freight corridor are near completion. 70-75 percent of it is completed and the government has announced that in the next 12 months, all the three ports - Nhava Sheva, Pipavav and Mundra will be fully functional on DFC.”

According to him, combined spending on logistics will aid the industry.

He said, “If everything is available on one platform and there will be more spending on the infrastructure in the logistics side whether it is rail, road, sea, coastal shipping ways, air cargo. It is digitised. So, the movement will be faster.”

“We expect faster implementation of projects not only from the government side but on the private side also and that will result in a shorter time to ship out the goods both for exporters and even for domestic movement,” Gupta said.

1) Will reduce the cost of logistics from 13-14 percent to single digits

2) Focus on digitisation, data-driven support systems

3) To build a Unified Logistics Interface Platform to bring all services into a single portal

4) E-Logs; a platform to take up operational issues directly with the government

5) 35 multi-modal logistical hubs are being made across India