Logistics infrastructure is a critical enabler of India's agenda for economic development and urbanisation. Recognising its pivotal role, the Indian government has tripled annual spending on logistics infrastructure over the past seven years.
Tag: logistics infrastructure
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US trade mission plans $250 mn investments in India
The members of a recent delegation of US investors announced their readiness to invest $250 million worth of investments in India within the next 6-12 months. The 12-member trade mission, which visited Delhi and Mumbai last month, consisted of large US investors in sectors like logistics infrastructure, roads, power and energy, engineering, smart cities, manufacturing, and private equity.
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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.
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Why did we privatise?
Shantanu Bhadkamkar questions the purpose of attracting private participation and asks whether it has resulted in efficiencies and better logistics infrastructure
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Container growth good, infra way behind: Experts
Container traffic in Indian ports has risen from 0.2 per cent in 1981 to 20 per cent in 2010-11. The total container throughput in FY2011 stood at over 9.4 million TEUs, witnessing a growth of 13 per cent over the previous year.