MoU with Korea Transport Institute aims to boost multi-modal connectivity and logistics efficiency.
India’s Gati Shakti initiative, aimed at enhancing multi-modal connectivity and making Indian businesses more competitive, is set to collaborate with South Korea. The Logistics Division of the Department for Promotion of Industry and Internal Trade (DPIIT) will sign a memorandum of understanding (MoU) with the Korea Transport Institute (KOTI). This partnership focuses on developing advanced planning techniques in logistics and infrastructure through knowledge exchange and technical assistance.
The proposed MoU will facilitate knowledge exchange and best practices in infrastructure planning, contributing to improved passenger and freight connectivity, decongestion of cities, and the creation of job opportunities. Valid for five years, the agreement will also promote the use of GIS data-based technology to showcase achievements under the Gati Shakti initiative on a global platform.
