A well-bal­anced and pos­i­tive bud­get

Cargo Talk - - Budget -

Raaja Kan­war, Man­ag­ing Di­rec­tor, Apollo LogiSo­lu­tions, says, “Na­tional Lo­gis­tics Por­tal will im­prove the trans­parency and vis­i­bil­ity of cargo move­ment across the coun­try. In­fra­struc­ture is the growth driver of our economy. With a large num­ber of play­ers serv­ing metro cities and cut-throat com­pe­ti­tion on price, many lo­gis­tics com­pa­nies are look­ing to build out their last mile ca­pa­bil­i­ties in Tier 2 and below cities. Th­ese re­gions are still rel­a­tively un­der­served by lo­gis­tics com­pa­nies and have a boom­ing mid­dle class which is driv­ing mas­sive de­mand. With Dig­i­tal In­dia and bring­ing mil­lions of In­di­ans on­line, the rise of dig­i­tal pay­ments, ded­i­cated mar­ket­ing ef­forts of large e-com­merce play­ers, there is a big and grow­ing e-com­merce de­mand from re­gions beyond met­ros.” “On the multi-modal side, Bharat­mala project is a pos­i­tive de­vel­op­ment, cou­pled with e-Way bill im­ple­men­ta­tion which will re­sult in faster turn­around times for on­road trans­porta­tion,” he con­tin­ues. “How­ever, with the an­nounce­ment of `1.48

lakh crore al­lo­cated to rail­ways, we hope that there is a thrust on im­prov­ing freight lo­gis­tics apart from bet­ter pas­sen­ger con­nec­tiv­ity. This will help the lo­gis­tics in­dus­try drive up ef­fi­ciency through rail net­works in terms of costs and CO2 re­duc­tions as the cur­rent lo­gis­tics move­ment is skewed to­wards road trans­port. The gov­ern­ment’s plan to ex­pand its cur­rent 124 air­ports by five times seems skewed in favour of pas­sen­ger move­ment, how­ever, the de­vel­op­ment of air­ports across the board is a pos­i­tive shift. We ex­pect that freight move­ment is given due cog­nizance as well.The mass for­mal­i­sa­tion of MSME sec­tor will spur lo­cal man­u­fac­tur­ing which will in­crease the need for lo­gis­tics ser­vices across the board,” he adds.

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