Govt. seeks tech­no­log­i­cal sup­port

Cargo Talk - - Warehousing -

The Com­merce Min­istry plans to eval­u­ate the suit­abil­ity of new tech­nolo­gies like EVs, hy­per­loop & per­sonal rapid tran­sit for freight trans­port to bring down the costs to less than 10 per cent of the gross do­mes­tic prod­uct (GDP) by 2022. In­dia’s lo­gis­tics and trans­porta­tion costs are as high as 14.4 per cent of GDP com­pared with China’s 8 per cent. “Th­ese are up­com­ing tech­nolo­gies and we need to know their po­ten­tial and im­pact, “ex­pressed Ju­lian Michael Be­vis, Se­nior Di­rec­tor, Group Re­la­tions South Asia, The Maersk Group. He men­tioned, “When com­bined with ef­forts to­wards build­ing out In­dia’s in­fra­struc­ture, we be­lieve this ini­tia­tive is a step in the right di­rec­tion. To­gether, th­ese will not only ad­dress is­sues re­lated to cost and com­plex­ity but will also bring down In­dia’s car­bon foot­print and im­prove its turn­around time which will pos­i­tively im­pact the coun­try’s over­all EXIM com­pet­i­tive­ness.”

He opined on the trade cli­mate in In­dia cur­rently. “As a global leader in in­te­grated con­tainer lo­gis­tics with a strong com­mit­ment to in­no­va­tion and sus­tain­abil­ity, we are work­ing on var­i­ous mea­sures to ben­e­fit the com­mu­nity at large. In line with the gov­ern­ment’s vi­sion, we al­ready have elec­tric cranes de­ployed at all the ter­mi­nals to help with mov­ing boxes.”

“Ad­di­tion­ally, we are tak­ing sev­eral steps in digi­tis­ing the lo­gis­tics sup­ply-chain across the or­gan­i­sa­tion to ben­e­fit the In­dian con­sumer and are also work­ing closely with the ship re­cy­cling ecosys­tem to in­tro­duce re­spon­si­ble prac­tices in re­cy­cling pro­cesses and labour rights. We con­tinue to eval­u­ate sim­i­lar ini­tia­tives glob­ally and in In­dia and we stand ready to work with the min­istry in its ef­forts to im­prove In­dia’s over­all trade cli­mate,” he added.

Ju­lian Michael Be­vis Se­nior Di­rec­tor, Group Re­la­tions South Asia The Maersk Group

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