Nag­pur as a lo­gis­tics hub?

Cargo Talk - - Events -

The Vi­darbha Eco­nomic De­vel­op­ment Coun­cil (VED) re­centy had held a lo­gis­tics con­fer­ence in Nag­pur fo­cus­ing on the po­ten­tial of the city as an emerg­ing lo­gis­tics cen­tre.

Themed as ‘Nag­pur – An Emerg­ing Lo­gis­tics Cen­tre’, the con­fer­nce was held in Oc­to­ber at Ho­tel Le Meri­dien. The event fo­cused largely on the fact that the city of Nag­pur had been un­able to grow as a lo­gis­tics cen­tre de­spite its nat­u­ral ge­o­graphic ad­van­tage and the ex­cel­lent con­nec­tiv­ity by rail, road and air due to close in­ter­state bound­aries.

Lo­gis­tics and man­u­fac­tur­ing com­pa­nies have shown their in­ter­est in cre­at­ing in­fra­struc­ture at Nag­pur that can lead to the cre­ation of it as a lo­gis­tics hub. The con­fer­ence high­lighted that suit­able pol­icy ini­tia­tives by the state gov­ern­ment can con­vert the in­ter­est to in­vest into ac­tual in­vest­ments. The in­tro­duc­tion of GST will act as a fur­ther cat­a­lyst to speed up this process.

This con­fer­ence aimed at col­lat­ing thoughts to make Nag­pur as an ideal lo­gis­tics cen­tre that will at­tract sub­stan­tial in­vest­ment from Lo­gis­tics Ser­vice Providers (LSPs), cre­ate em­ploy­ment op­por­tu­ni­ties and bring down lo­gis­tics costs for in­dus­tries. This fa­cil­i­ta­tion of lo­gis­tics and re­duc­tion in lo­gis­tics trans­ac­tion costs will have a cas­cad­ing ef­fect in cre­ation of wealth for the re­gion by at­tract­ing fur­ther in­vest­ments in the man­u­fac­tur­ing sec­tor.

VED Coun­cil is a non-po­lit­i­cal or­gan­i­sa­tion with the eco­nomic de­vel­op­ment of Vi­darbha as its cen­tral theme. Sig­nif­i­cantly, it works as a mis­sion to sur­vey, iden­tify, study and then pur­sue var­i­ous thrust ar­eas, like tourism, min­ing, lo­gis­tics, hand­loom, agri­cul­ture, MIHAN (Multi Mo­dal In­ter­na­tional Hub Air­port at Nag­pur)-SEZ op­por­tu­ni­ties, IT, etc.

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