National logistics policy will do a lot for Distriparks Gateway: Cmd Prem Kishan Gupta
The Prime Minister recently launched the National Logistics Policy, which aims for a unified regulatory environment for end-to-end logistics services and an overall institutional framework that will govern the logistics sector.
Speaking to CNBC-TV18 after the announcement, Prem Kishan Gupta, CMD of Gateway Distriparks, said the national logistics policy would do a lot for the company. He also discussed the benefits the company expects from the new policy.
“The highlights of the national logistics policy – what has been done in the past and what is going to be in the future means a lot to us,” Gupta said.
Talking about the Dedicated Freight Corridor, he said, “The Western Dedicated Freight Corridor (DFC) and the Eastern Dedicated Freight Corridor are nearing completion. 70-75% of it is complete and the government has announced that over the next 12 months all three ports – Nhava Sheva, Pipavav and Mundra will be fully functional on DFC.
According to him, the combined expenditure on logistics will help the industry.
He said: “If everything is available on one platform and there will be more spending on infrastructure on the logistics side, be it rail, road, sea, coastal shipping lanes, air freight. It is digitized. Thus, the movement will be faster.
“We expect faster implementation of the projects not only from the government side but also from the private side, which will result in a shorter time to ship the goods both for exporters and even for inland movements. “, said Gupta.
National logistics policy: main points to remember
1) Will reduce the cost of logistics by 13-14% in single digits
2) Focus on digitization and data-driven support systems
3) Build a unified logistics interface platform to collect all services in a single portal
4) electronic journals; a platform to address operational issues directly with the government
5) 35 multimodal logistics centers are being established across India
For more details, watch the attached video