INSUBCONTINENT EXCLUSIVE:
towards becoming a developed economy
to bring down its logistics cost to single digits and how do the National Logistics Policy - Gati Shakti National Master Plan fit into this
objective? What will it take to make India an international standard logistics hub, and one that is ranked among the top 25 globally? In
Mobility, CRISIL Market Intelligence and Analytics talks about this in detail.India Eyes Top 25 Rank To Be Global Logistics Hub | National
Logistics Policy, Gati Shakti ExplainedWatch the video above to know about how India has climbed the World Bank rankings on the Logistics
Performance Index (LPI) to 38th rank and what it will take for it to be in the top 25
According to Jagannarayan Padmanabhan it is important for India to establish multi modal hubs with connectivity between various transport
While at present the maximum share of freight transportation is with roadways and then railways, there is a need for the share of railways
to go above 50% and that of waterways to come up as well.Watch the video above as the CRISIL expert lists major sectors that will benefit
from a seamless logistics system and why the right implementation of the National Logistics Policy is key to success and how investments
will yield results over the period of the next few years
Interestingly, the turnaround time at the Jawaharlal Nehru Port has come down to just 0.9 days, which is better than Singapore.Jagannarayan
Padmanabhan also talks about some international benchmarks across countries like the United States, Singapore, Germany that India can take
For example, in Singapore the average customs clearance time is just 10-15 minutes and the US has a very robust system of highways.
