MUMBAI: Mr. Rizwan Soomar, Chief Executive Officer and Managing Director, DP World Subcontinent in his reaction to the National Logistics Policy commented : “The launch of the National Logistics Policy is a seminal moment for India’s logistics sector.
The multi-pronged approach by the Government adopted in the policy to suggest regulatory and procedural reforms across infrastructure, services and human capital provides a comprehensive strategic direction to the sector and will be a key catalyst in attracting investments.
The focal push for digitisation through platforms like ULIP and E-LogS is crucial to support the designed Services Improvement Framework in improving regulatory inter-operability, standardisation of logistic processes and in bringing the entire multimodal network onto a single digital dashboard, enhancing visibility and transparency for all stakeholders. The suggested Services Improvement Group will significantly bolster coordination across governance frameworks to energise the logistic chains to contribute geometrically in the PM GATI Shakti National Master Plan, improving efficiency and reducing logistics costs.
The policy’s focus on promoting green logistics, by increasing the freight share for sustainable modes of transport like rail, inland waterways and coastal shipping is also a welcome move. The Comprehensive Logistics Action Plan and its carefully crafted eight pillars will help operationalise the NLP in its quest to build sound logistics infrastructure in the country helping make Indian exports competitive and provide a
gateway for businesses to seamlessly mesh with global value chains.”