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Cooperation among all stakeholders will drive growth in logistics sector: Govt
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Cooperation among all stakeholders will drive growth in logistics sector: Govt

Agency News

New Delhi, Feb 4: Cooperation among all stakeholders will drive growth in logistics sector as it has been growing at a CAGR of 10 per cent is a dynamic and vibrant sector, Department of Logistics Special Secretary N Sivasailam said on Monday.

He was speaking at the inaugural launch of the Logistics Summit 2019 organised by CII Institute of Logistic coinciding with the IETF 2019.

Mr Sivasailam urged the industry to focus on skilling the youth, along with encouraging large sectoral funding to greatly impact the entire Indian logistics sector.

He stated that the Department of Logistics and the government have been working on various projects as part of the National Action Plan.

The logistics portal which is in the final stages of development, Mr Sivasailam said, is one of the key projects of the Department and government.

“We are trying to build a platform of platforms. The portal will provide a base software accessible for all industry members to use. Separately we are also creating a servicing tower, which will provide

multi-modal services on one platform for the industry,” he said about the portal.

Mr Sivasailam also introduced the logistics tool, which will be powered by crowd-sourced information – with anonymous tracking inputs – to benefit all industry members who use the app. He added, “The data from various logistics drivers will allow industry to start identifying heat maps across the country.”

The inaugural session concluded with the launch of the Degree Apprenticeship Programme. (UNI)