Mr. Vineet Agarwal, MD at Transport Corporation of India
‘‘The much-awaited announcement by the Hon’ble Prime Minister of India around National Logistics Policy, will herald a paradigm shift in the logistics sector. Push toward seamless multimodal transportation and modern connectivity will be a game changer as it will shift the transportation stress from just roads to other modes as well. It will help us drive the ESG goals and focus on a better cost structure. The paperless supply chain initiative, strengthened cooperative federalism, ease of Logistics services portal (e-log), and standardization of the warehousing sector will help India become one of the top 25 Logistics performers in the world. The Unified Logistics Interface Platform (ULIP) tenant of the NLP will enhance visibility for customers and enable logistics companies like us to adopt digitization at a much larger scale.
Gati Shakti Vishwavidyalaya will act as a human resource for the drivers and other such training programs will be provided to the workforce.
NLP is an encouragement for all the stakeholders in the Supply Chain segment & will be one of the key pillars for India to become a USD 5 trillion economy. It will surely provide the ‘Cheetah Speed’ to the logistics industry and make India a global logistics hub.”
Mr. Pervinder Singh Chawla, Co-Founder at OnMove by Zast Logisolutions
”The much awaited New Logistics Policy is a transformative approach for economic growth and sustainable development. It creates a path for Logistics to contribute to the economy and GDP of the country in a positive manner. With a strong focus on creating a single-window e-logistics market, the generation of employment, and skills, and making medium and small enterprises competitive, the Policy will streamline the supply chain process. In India, where road transportation dominates the logistics sector, with a dominant share of 60 percent, the shift towards multimodal infrastructure with a mix of rail, shipping, road, and air transport, will help reduce the congestion on roads along with low crude import bills. The policy addresses the pre-existing concerns in India’s logistics sector from a global perspective. The comprehensive areas mentioned in the Policy, like process re-engineering, paperless supply chain, seamless multimodal transport, and modern connectivity for ease of doing business & reducing logistics costs, will help the country reach its economic goals. The sector-specific Logistics plan and strengthened cooperative federalism will make India a Global Digital Logistics Hub. Gati shakti Vishwa Vidyalaya will act as a Human Resource for drivers and others. New courses and skill development training programs at UG and PG levels will boost the Indian economy by enhancing the employment rate. The NLP also formalizes the logistics sector by introducing a Unified Logistics Interface Platform (ULIP). Ease of Logistics Services Portal (E-Log) will build a Digital Regulatory Interface. The reduction in transaction costs will catalyse the trade while enhancing competitiveness and driving the MSMEs sector through cost-efficient logistics. Overall, the NLP is a holistic approach to help India set a global benchmark and become one of the Top 25 Logistics Performers in the world.”
Ms Zaiba Sarang, Co-founder, iThink Logistics
”NLP aims at reducing the logistics cost from 13% to a single digit. Drones will soon contribute to agricultural logistics from the remotest regions of the Himalayas or remote islands their product will be made accessible to the Metro region of India. ULIP, ELOG, Gati Shakti, and many more initiatives will try to deliver a cheetah speed to the logistics of India. NLP gives the smallest of people in the ecosystem to get access to information that was available to key stakeholders only.85% of owners own less than 10 trucks and their empty trucks can pick up the goods from the best place which will yield them a higher return. NLP also helps the last mile to be more efficient and faster to fill up the gap of transporter where business can benefit in terms of time and cost. Currently, logistics is providing livelihood to more than 22 million people, with one of the initiatives aimed at upskilling and increasing employment opportunities. At the grassroots level, NLP also helps truck drivers to get a peaceful night. Along with the normal people in the ecosystem, it will also help the shramik class to get respect and dignity.”