Efcient logistics ecosystem will drive us to become Atmanirbhar Bharat: Piyush Goyal

…Serve the world from India’ and ‘Make in India for the world’ with Logiscs as a policy tool: Sh. Goyal

…PM GaShak Naonal Master Plan revoluonalizes Planning Process through digital surveys

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He shared that in the last 9 years, from being the 10th largest country in terms of GDP, India has now become 5th largest country in the world. India will become the 3rd largest country in the coming 2-3 years, through the impactful infrastructure projects that are going to be implemented from April 2023 to March2024.HefurtheraddedthatE-commerce,smarterFTAs, adopting international quality standards, good manufacturing practices, leveraging on our successful startups ecosystem, utilizing National Education Policy 2020, drone technology, artificial intelligence, strong PPP collaborations and CentreState partnerships will work towards catalyzing India’s development.LogisticsinIndiaasapolicytoolwillhelpachieve ‘ServetheworldfromIndia’and‘MakeinIndiafortheworld.’

WhilesharinghisopinioninhisopeningremarksSecretary, DPIIT, Sh. Anurag Jain said, ‘just in 4 years India’s infrastructure is many times better than before’. He also shared how PM GatiShakti NMP has revolutionized the Planning Process through digital surveys. It has helped in reducing time and cost in DPR preparation and infra projects, optimumutilizationoffinancialandhumanresources.

Special Secretary, Logistics Division, DPIIT, Smt. Sumita Dawra during the closing remarks, acknowledged the approach and methodologies presented by the international and Indian Experts. She also mentioned that as an outcome of the workshop, a Task Force including members from NITI Aayog, Ministry of Statistics and Programme Implementation (MOSPI), National Council of Applied Economic Research

(NCAER), academic experts and other stakeholders will be established for formulating a Logistics Cost Framework in a time-boundfashion.

The workshop witnessed participation from Shri Suman Bery,ViceChairman,NITIAayog;MemberEconomicAdvisory Council to the Prime Minister (EAC PM) Dr Rakesh Mohan; Director General South Asia Department, ADB Mr. Kenichi Yokoyama, ADB senior functionaries, Senior academicians from international universities; senior officials from relevant Ministries / Departments, and private sector representatives. In the workshop, views were presented on the importance of logistics cost calculation, as India enters a potential period of sustained growth and development. Academic minds presented existing global frameworks and models for calculation of logistics costs. This workshop brought together the best minds from across the world who have expertise in the logisticsdomain.

The key speakers on the significant aspect of logistics cost assessment in the workshop were professors and academicians from Japan, Thailand, Korea and Industry experts. During the workshop it was discussed that there is a need for diagnosis on logistics cost in India, that includes among other aspects, parameters such as optimal transportation modal mix, packaging, warehousing and storage,otheradministrativeandindirectcosts.Anewpossible approach for calculating estimates through Technology driven secondary data sources such as E-Way Bill and Fastag data needstobeexplored.

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