Confederation of Indian Industry (CII) Telangana Chapter emphasises the critical role of logistics in economic development, urging the establishment of key logistics parks in the upcoming State Budget.
In its budget recommendations to the Telangana government, the CII Telangana Chapter underscores the paramount importance of logistics in fostering economic growth. The primary recommendation urges the establishment of 4-5 logistics parks strategically dispersed in areas concentrated with trade and exports within the state.
CII Telangana Chairman C Shekhar Reddy highlights the pivotal role these logistics parks play in enhancing the overall economic landscape. Recognising logistics as a crucial pillar, the CII recommendations advocate for a comprehensive logistics infrastructure that can significantly contribute to the state’s economic development. The proposed logistics parks are seen as key drivers for facilitating smoother trade operations and boosting export capabilities.
While logistics remains the focal point, the CII also acknowledges the broader impact on various industries within the state. The logistics-centric approach aligns with the state’s economic goals, emphasising the need for a well-integrated and efficient logistics network to propel industrial growth.
By concentrating on logistics in the upcoming budget, the CII Telangana Chapter aims to address the specific needs and challenges within this domain, fostering a resilient and dynamic logistical ecosystem that can effectively support and drive economic activities in the state.
