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The Government’s move to grant infrastructure status to logistics industry is a praiseworthy step towards Moving India Growth Story.
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About Us Investor Relations Knowledge Corner HSE News & Media CSR Blog Careers My TCI An exclusive interview of our MD, Transport Corporation of India Limited Mr. Vineet Agarwal with Parivahan Pragati Magazine. Newsletter Subscription Name Email By Vineet Agarwal JANUARY 8, 2018 Submit Categories 1. What is your view (positive or negative), on the government’s decision to give Infrastructure status for Logistics Industry? Awards/ Recognition PDF created with the PDFmyURL web to PDF API!
Corporate Social Responsibility Logistics infrastructure is a significant aspect of economic development and urbanization. The government has recognized its pivotal role in Make in India and taken a welcome step by granting Infrastructure status to the Logistics Industry. Not only will FDI increase in this sector but infrastructure finance will be easily accessible to build state of the art infrastructure for managing complex supply chains and this will lead to boost the domestic and export market encouraging manufacturing and job creation. Inside Scoop Knowledge Series Leadership Speaks TCI Video The commendable step by the government is a long- term positive for the logistics industry and the economy as a whole. Tags 2. What are the priority areas that need infrastructural development, in this field? 3PL 5 Force Model Airways all the award title Allocation of overhead expenses Automotive Logistics Best Coastal Container Vessel Operator Better Health Blood Donation Cargo Containerization CFS Challenges & Opportunities in Automotive Logistics Champions of Change Containerization Corporate Film Cost of additional fuel consumption Cost of delay CSR Digital Transformation Door to Infrastructure development is undoubtedly the crucial juncture. The priority area that need infrastructure development includes: 1. Infrastructure: Special emphasis has to be on building world-class road networks, integrated rail corridors, modern cargo facilities at airports and creation of logistics parks which need to be given a status equivalent to Special Economic Zones. 2. Training Institutes – NSDC: To improve the overall service quality of the sector it is necessary to realize the importance of skills development and these can be brought by establishing the training institutions 3. Storage: The storage infrastructure also needs significant improvement reason being the ICD/CFS infrastructure available for EXIM trade is inadequate. Warehousing is required to go to the next level taking into account the changing dynamics of JIT manufacturing, global procurement and new models of sales and distribution. However, the logistics industry is beholding the development of its existing infrastructure. The initiative like Make in India, Sagar Mala, and Bharat Mala, etc. are the testimony to this improvement. 3. Any specific suggestions you wish to convey in this regard, for the government’s consideration. PDF created with the PDFmyURL web to PDF API!
Door Delivery EDI Environment ERP Export Market Foundation Freight Freight Movement Freight Rates Freight Transportation Fuel Consumption GST Health Healthier Mind and Body Healthy Habits HIV HSE ICD Infrastructure Finance Infrastructure Status International Yoga Day Kaizen Lanes Life Saving Efforts Logistics Logistics & Transportation perspective Marketing Excellence Mobile Apps Multi-modal transportation Multimodal Muskaan Clinic NSDC OEM Overall Excellence in Logistics and Supply Chain Pan India Railways Reuse & Recycle of Wast Road Constructions Road Transportation Roadways Route Survey Routes Seaways Ship The Government’s move to grant infrastructure status to logistics industry is a praiseworthy step towards Moving India Growth Story. However, areas such as Multimodal transportation act, opening up commodities movement to private players & infrastructure status to standalone warehouses also should be considered. Bio Latest Post Vineet Agarwal Vineet Agarwal is Managing Director of TCI, India’s largest logistics company & Chairman, Transystem Logistics International. He graduated from Carnegie Mellon University and the Owner President Management program from Harvard Business School. He is currently serving as International Board of Directors, Young Presidents' Organization. Member of Governing Council, All India Management Association; Member of National Logistics Council, National Retail Council & National FMCG Council, Confederation of Indian Industries and as a Member, Logistics Council, Global Agenda Councils at the World Economic Forum. He is involved in various social work through his family’s foundation and is an avid reader & a marathon runner. CFS Export Market ICD Infrastructure Finance Infrastructure Status NSDC Storage Training Institutes PDF created with the PDFmyURL web to PDF API!
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