Integrating diverse mode of transportation for improved efficiency Indiaâs logistics costs are presently 14 per cent of the countryâs Gross Domestic Product (GDP),similar to other developing countries but well above the global average of 8 per cent. One of the governmentâs initiatives to reduce the logistics costs to 8-10 per cent of Indiaâs GDP as...
Tag: Freight
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Lack of infrastructure is a basic problem
More than 90 per cent of IndiaĂÂŽs inbound and outbound cargo is moved by the freight forwarding industry. Our association is the apex body and is a national body for this industry. We are a very important link between the trade and the government as we represent the interests of the trade to the government and assist in bringing the relevant policies to the trade.
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Pushing Growth
Harsh Pati Singhania, Director, JK Organisation and VC & MD JK Paper, shares his views on the aspects that can redefine the investment climate in India.
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Tata Steel uses waterways
Tata Steel will start using coastal and inland waterways in India to transport raw material to its factories and finished goods along the coastline, as it looks at saving on freight and energy costs.
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Rlys gets Rs 15,000 cr worth proposals in PPP mode
Indian Railways has received proposals totalling Rs 15,000 crore for development of various projects under the PPP mode, according to the Railway Minister Sadanada Gowda.
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PM to review key infra projects
Secretaries of the ministries concerned will brief Prime Minister Narendra Modi once a month on key infrastructure projects. Projects under review include high-speed rail freight corridors,
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DFCC will encourage use of latest technological innovations
Speaking with Janaki Krishnamoorthi, RK Gupta, Managing Director, Dedicated Freight Corridor Corporation of India Ltd provides an update on the Dedicated Freight Corridor project.
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Forging ahead
Dedicated Freight Corridors are on the fast track with institutional finance from the World Bank and JICA. However, the roadmap for allied projects along the corridors is still not clear, writes Janaki Krishnamoorthi.
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DFC will be a game changer
Container Corporation of India (CONCOR) is readying itself by creating capacities and getting ready for the Dedicated Freight Corridor (DFC) project to complete, to add to its already existing majority stake in the container market.
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Govt is striving to bring investments into ports: Vasan
The Union Shipping Minister GK Vasan has said on November 27 that the government is making continuous efforts to attract investment in the ports sector for augmentation of freight. Vasan said that Belgium is India's second largest trading partner with more than 150 Belgian companies in India with interests in dredging, chemicals, engineering goods, electronics and software etc.