Quote from Experts on the Launch of National Logistics Policy by PM Modi
“National Logistics Policy is a watershed for Indian industry. Logistics has finally got attention it deserved for decades. As Prime Minister shared, a policy is not just a document but vision of India to emerge as a global manufacturing and logistics destination. With equal emphasis on digital along with physical, logistics policy promises to leapfrog India’s logistics industry. Tech companies such as WebXpress are keen to exploit wealth of data and interfaced promised by ULIP, LDB and other initiatives.” – Mr. Apurva Mankad, Founder, and CEO of WebXpress
“As India emerges as a manufacturing hub, the National Logistics Policy will play a pivotal role in enabling MSMEs and the larger manufacturing industry achieve logistics and supply chain efficiencies. After the supply chains risks exposed by the pandemic and then the geopolitical tensions, the policy will not only promote seamless movement of goods and remove bottlenecks from supply chains but also empower businesses to boost delivery profitability, identify new revenue streams, and offer better customer experience. This in turn will reduce wastage, time, and costs and ensure India is on track with its net-zero goals.
However, the most integral part of the policy is the integration of technology and launch of single window e-logistics marketplace that will relieve the stress of shipment allocations and offer businesses more control over supply chains. This becomes even more integral as both B2B and B2C e-commerce markets expand rapidly in India. Considering that e-commerce has a direct impact on warehouse, logistics, and supply chain businesses, the pressure on these industries is also growing multifold. On one hand, the increasing competitiveness of the industry is compelling businesses to establish several fulfilment centers across the globe. While on the other hand, customers continue to demand more and expect swift deliveries. Here, the single window logistics platform will enable smart, proactive decision-making and promote the ease of doing business for various industry players. As we go forward it will be interesting to see increased use of automation and AI/ML solutions embedded into the platform to streamline first-mile to last-mile optimization and ensure error-free, rapid, and efficient dispatches.” –Sachin Agrawal, Co-Founder & CEO, Bizongo
“The National Logistics policy (NLP) will drive the much-needed tectonic shift in the sector towards digitization, thereby transforming the entire ecosystem towards fulfilling the vision of Atmanirbhar Bharat. Technologies like Artificial Intelligence, GIS, drones and others will be instrumental in IDS- Integration of Digital System, ULIP — Unified Logistics interface Platform, SIG — System Improvement Group, the key pillars of NLP. The PM Gati Shakti master plan integrated with GIS data layers will be important in providing technology-based, seamless, multi-modal connectivity. This integration will usher in a new chapter for the logistics sector, enabling faster decision-making and roll-out of critical projects, to give a competitive push to our exports.” –Agendra Kumar, MD, Esri India