The logistics industry has always been an underdog and has not received the much-deserved attention yet. Though the sector is full of potential, it is yet to achieve optimal utilisation of resources.

13 standardised state-of-the-art ship designs that are suitable for large barge haulage on river Ganga (National Waterway- 1) were made public by Inland Waterway Authority of India (IWAI).

The government aims to set up more than 350 training centres, which have capacity to train 84,000 people annually.

His company has outlined a whopping Rs 88 billion expansion plan that will take cumulative strength of its ports from 75 mtpa to 200 mtpa by 2021.

Logistics industry has always been an underdog and has not received the much-deserved attention yet. Though the sector is full of potential, it is yet to achieve optimal utilisation of resources.

Stakeholders harp on the government's infrastructure push and expect construction orders of Rs.18 trillion in the next six years. This order inflow volume should support 12 to 15 per cent of industry-level execution of compound annual growth rate (CAGR).

The Government of India has embarked on the Sagarmala Programme with a vision to reduce logistics cost for both domestic and EXIM cargo and utilise the waterways to their potential.

Nandan Yalgi, Managing Director, Boxco Logistics India Pvt Ltd, lauds the efforts of the Ministry of Shipping in launching port-led development projects that will eventually bring down logistics costs across the country.

The Union Budget of 2017-18 has laid a 25 per cent increase in allocations for infrastructure over last year. There has also been a renewed focus on transportation, development of port infrastructure and its automation.