En­abling ef­fi­cacy

Cargo Talk - - Report -

Un­der­stand­ing the im­por­tance of multi-modal lo­gis­tics, the Union Min­is­ter of Road Trans­port & High­ways and Ship­ping brought in the In­te­grated, Multi-Modal Lo­gis­tics and Trans­port Pol­icy, to re­duce lo­gis­tics costs in the coun­try by nearly half. In ad­di­tion to this, the in­volve­ment of avi­a­tion in the multi-modal lo­gis­tics hub pol­icy proved to be a land­mark move by the In­dian gov­ern­ment. The sec­tor has shown its ex­cite­ment and op­ti­mism to­wards this move, but, it needs to be chalked out within a def­i­nite time frame.

As the Goods and Ser­vice Tax (GST) is around the cor­ner, there are vi­tal con­cerns for its proper im­ple­men­ta­tion. As­so­ci­a­tions are play­ing an ac­tive role by ad­dress­ing the con­cerns of the mem­bers for smooth func­tion­ing of the much-awaited tax regime.

On the mar­itime front, ship­ping lines and ports are gung-ho for a se­cure move­ment of cargo. The in­dus­try is in­cul­cat­ing lat­est and up­dated tech­nol­ogy to en­able ef­fort­less, swift and ef­fi­cient cargo clear­ance, while pro­mot­ing ease of do­ing busi­ness.

Numer­ous com­pa­nies in the sec­tor are in­creas­ingly adopt­ing green initiatives to de­liver high qual­ity time, def­i­nite ser­vices with a re­duced cost. There is more fo­cus to en­hance the sec­tor within a holis­tic en­vi­ron­ment.

A surge in the num­ber of start-ups in­vest­ing in the lo­gis­tics sec­tor is al­low­ing the in­dus­try to move to a more ef­fi­cient busi­ness model.

Cur­rently, start-ups are exploring dif­fer­ent ver­ti­cals, such as tech­nol­ogy, method­ol­ogy, and more. Fo­cus­ing on the chal­lenges like in­ter­modal con­nect and doc­u­ment au­to­ma­tion, to name a few, suit­able solutions have been ini­ti­ated to build a ro­bust sys­tem.

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