Key Points

The Indian government is taking significant steps to reduce logistics costs and enhance economic growth through the PM Gati Shakti initiative. Multiple government departments are collaborating to streamline processes and create an integrated logistics ecosystem. Key focus areas include reducing regulatory hurdles, improving infrastructure connectivity, and attracting private sector participation. These strategic efforts aim to transform India's logistics landscape and support manufacturing and export competitiveness.

Key Points: Gati Shakti Cuts Logistics Costs to Boost India's Economic Growth

  • Government actively addressing logistics sector complexities
  • PM Gati Shakti policy aims to integrate infrastructure projects
  • Stakeholder collaboration crucial for economic transformation
  • Warehousing regulations being streamlined for business ease
3 min read

Working to cut logistics costs to spur growth in economy: Centre

Government unveils strategic initiatives to reduce logistics complexities and enhance business ecosystem through collaborative national efforts

"Logistical efficiency helps control domestic inflation and export competitiveness - Manoj Choudhary, Gati Shakti Vishwavidyalaya"

New Delhi, April 24

The government is working to further reduce regulatory issues, and discussions are underway to make the PM Gati Shakti more accessible to the private sector to reduce logistics costs, a senior official of the Department for Promotion of Industry and Internal Trade (DPIIT) said on Thursday.

Addressing a national conference on logistics and warehousing by ASSOCHAM, DPIIT's Joint Secretary Pankaj Kumar said: "It is important for any project to not get stuck in a silo, but become connected with other projects in the area to form an integrated logistic project. The DPIIT is doing its bit, and we expect all stakeholders to contribute equally so that a safe and secure environment for businesses is created, and the country continues its growth journey."

He said that the government is actively addressing the complexities involved, recognising that lasting solutions require collaborative efforts across ministries and departments.

The PM Gati Shakti and National Logistics Policy has been launched, and efforts are ongoing to reduce the logistics cost through E-Logs platform. There are several other initiatives being taken to enhance ease of doing business, deregulation and attract more investments, he said.

"However, the government alone cannot achieve the targeted goals. Every stakeholder, including the industry and business community, must participate to further boost the logistics sector in the country," he added.

In his special address at the conference, Ministry of Railways' Executive Director Surendra Kumar Ahirwar said: "The Ministry of Railways has launched three major programmes to develop connectivity for the ports in form of rail Sagar, enhancing the network capacity of the railway infrastructure in form of high-density network projects and the Energy, Mineral, and Cement Corridor. A major program will be implemented during the next three years or four years, which will help in enhancing the rail infrastructure capacity, network capacity and address last-mile connectivity to major logistics hubs in the country."

Warehousing Development and Regulatory Authority Chairperson Anita Praveen highlighted India’s progress in logistics and warehousing. "The Warehousing Development and Regulatory Authority is focused on development rather than on regulation. The process of warehouse licensing is being streamlined and expedited to ensure faster approvals and greater ease of doing business."

In his address, Gati Shakti Vishwavidyalaya Vice Chancellor, Manoj Choudhary, said: "The road to Viksit Bharat is many things, with each one based on logistics. If we have to become a Viksit Bharat on the basis of increasing our manufacturing capabilities, logistics is the only way. Logistical efficiency also helps control domestic inflation and helps export competitiveness as well."

ASSOCHAM's Warehousing and Logistics Council Chairman, Anshul Singhal, highlighted that warehousing is a core pillar of the ecosystem, which is undergoing a transformation of its own. What was once seen as a peripheral activity is today a strategic lever in supply chain planning, enabled by technology, responsive to demand, and deeply integrated with consumption markets.

- IANS

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Reader Comments

R
Rajesh K.
Finally some concrete steps being taken! Reducing logistics costs will make Indian products more competitive globally. The rail corridor projects sound promising 🚆
P
Priya M.
As someone in the export business, I've seen how high logistics costs eat into our margins. Hope these initiatives translate to real savings soon. The E-Logs platform could be a game-changer if implemented well.
A
Amit S.
While the intentions are good, I hope they focus on execution. Too many government projects get stuck in bureaucracy. The private sector involvement is key - hope they get proper incentives.
S
Sunita R.
The warehousing modernization is long overdue! Our cold storage facilities need urgent upgrades to reduce food wastage. Good to see this getting attention now �
V
Vikram J.
Respectfully, I think the article misses discussing the challenges at state-level clearances. National policies are great, but implementation varies wildly across states. That's where the real bottlenecks are.
N
Neha P.
Love the focus on integrated projects rather than working in silos! This holistic approach could really boost efficiency. The railways initiatives sound particularly exciting 🚄

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