A study by global consultants McKinsey & Co and AECOM for the Ministry of Shipping says optimising the logistics flow for key commodities by 2025 could save Rs.30,000-40,000 crore. It recommends creation of more capacity at major ports and a logistics aggregator company to consolidate the shipping supply chain. The report says coastal shipping capacity can handle 150-250 million tonnes annually of cargo comprising coal, cement, iron and steel, food-grain and fertiliser. There is a potential here to save Rs.10,000-20,000 crore by 2025. By setting up new coastal capacities for bulk commodities for 100-120 mt annually, the saving would be Rs.6,000-8,000 crore. By reducing the time to export containers by five days, another Rs.10,000-12,000 crore can be saved, the study said. Raising Railways´ share in container traffic would lead to savings of Rs.3,000-6,000 crore.
FlashNews:
India’s Renewables Pivot: From Speed to System Strength
IndiGo Expands Saudi Connectivity with Daily Mumbai-Madinah Flights from November 15
Vaishnaw Visits Delhi Station as Railways Set to Run Record 12,011 Festive Trains
UDAN Turns Nine: 15.6 Million Flyers, ₹90 Billion Invested in Regional Aviation
India’s Logistics Cost to Hit Single Digits by December 2025: Gadkari
Toshiba Commits ₹32.32 Billion to Expand T&D Manufacturing in Japan and India
Embraer-Mahindra Alliance to Deliver C-390 Millennium Transport Aircraft for IAF
Inland Waterway Haldia Multi-Modal Terminal Operationalised Under PPP Model
Digital Monitoring Led to Shutdown of 51 Stalled Projects in Northeast: Scindia
IndiGo Confirms 60 A350-900s, Signs Rolls-Royce Deal to Power Long-Haul Expansion
IndiGo to Launch Direct Athens Flights on India’s First Airbus A321XLR
DGCA Launches Auto-Generated Computer Numbers for Flight Crew via Pariksha Portal
India’s Digital Firewall Shields Millions from Spoof Calls, with Even Google Adopting It: Scindia
India Post Preps to Reboot as Logistics Giant Under Scindia’s Watch
India’s Grade A Warehousing Demand Hits Record 26.5 Million Sq Ft in 2025
IndiGo Integrates with Digi Yatra for Seamless, Contactless Boarding
CS TECH Ai Powers Khanij Online 2.0 Rollout for Transparent Mineral Governance in Chhattisgarh
IREE 2025: Schaeffler India Showcases Future-Ready Rail Solutions at IREE 2025
IREE 2025: Vaishnaw Unveils Bold 7,000-km High-Speed Rail Vision to Power Viksit Bharat
Home » Improve logistics in coastal shipping for savings: Study
Improve logistics in coastal shipping for savings: Study
Ports & Shipping
March 1, 2016March 1, 2016

Leave a Reply
You must be logged in to post a comment.