While it is essential for policymakers to further accelerate deliberations on the issues to ensure early implementation, other stakeholders such as service providers, users and industry bodies should also come together to prepare a road map in advance,
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Indian 3PL market is set to grow tremendously over next 5-7 years
The next decade or so will see India becoming efficient in managing its logistics cost as the need for world class logistics increases with the expected growth in the economy
Poor infrastructure is the major culprit
On account of government, efficiency can be brought by fast tracking of critical infrastructure projects and policies and ensuring completion on time,
Logistics: Driven by imponderables
Logistics sector and logistics costs are largely driven by many imponderables that occur in the global, national, and regional canvas. Therefore, it will be wrong on our part if we generalise issues and arrive on conclusions
Faster implementation is imperative
The logistics sector grows at rates faster than GDP, and investment in logistics infrastructure needs to be made 10 years ahead of requirement,
Accord industry status to logistics: Experts
Lack of coordination between the various government agencies that are involved in the road/highway construction business and improper policy initiatives hamper the prospects of roads sector, experts feel.
Policy: A welcome move, but
We should guard against the risk of viewing the mere constitution of a regulator as a panacea for all the problems facing the sector, writes S Nandakumar.
Roads: Opportunity for new players?
The need of the hour is positive policy making from government while private sector should contribute by innovation and informed risk taking,
Inland water transport: The new imperatives
In spite of its many advantages, why inland water transportation has not become the first choice of shippers for the movement of goods within the country
Yamuna Expressway project has opened plethora of opportunities for the state
Yamuna Expressway project is a classic example of how a huge tract of land can be utilised to develop industries of so many types, facilities of all kinds and much more.