IETF Organises 13th Logistics Summit on ’The Growth Trajectory of Logistics in India
CII organised the 13th edition of the Logistics Summit during the 25th International Engineering and Technology Fair (IETF) on February 16th at Pragati Maidan, New Delhi. This year’s theme was ‘The Growth Trajectory of Logistics in India’.
The conference was graced by Sumita Dawra, Special Secretary, Logistics Division Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry; R Dinesh, President Designate, CII; and Bharat Joshi, Co-Chairman, CII National Committee on Logistics and CEO, Curve Ventures Private Limited.
In the inaugural address, Sumita Dawra shared, “Our PM’s visionary initiative, Gati Shakti National Master plan laid the foundation to create a futuristic logistics system for the country. India is emerging as a global hotspot for manufacturing, and robust logistics will propel it further. The Gati Shakti plan aims to utilise data’s true power in identifying logistics gaps and making strategies to remove the barriers.”
“Under the Gati Shakti plan, we collect, process and analyse data from different states and government departments to gain critical insights. In addition, the government is working on comprehensive sectoral connectivity plans to connect ports, airports, railways, and highways, and developing economic clusters near transportation facilities. The government has also launched Logistic Policy recently to improve the efficiency of the segment and ensure faster movement of goods and services. The focus on infrastructure development in the Budget-2023 will play a key role in bringing down logistics cost that is critical to encourage manufacturing in the country”, she added.
In his keynote address, R Dinesh, President Designate, CII, shared, “CII has always provided requisite support to the Indian logistics sector and played an instrumental role in the National Logistics Policy. The 100 infrastructure projects proposed in the Budget ‘23 will strengthen the sector. The government’s emphasis on sector-wise logistics planning will further improve connectivity across the country. The focus now is on reducing logistics costs, digitalisation, and sustainability.”
Earlier in the day, the Hon’ble President of India, Smt Droupadi Murmu, inaugurated the event in the august presence of Dr Mahendra Nath Pandey, Hon’ble Minister of Heavy Industries and Public Enterprises, who was the Guest of Honour. The three-day event is anticipated to witness the presence of industry leaders, policymakers, technology experts, diplomats, government delegates and others.