February 26, 2024

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Boosting the Logistics Sector in India

The Government of India recognises the contributions of the private sector in driving change and innovation in the logistics sector. The efforts of service providers in the country during the pandemic are a strong display of innovation, diversity and efficiency.

Shri Piyush Goyal, Union Minister for Commerce & Industry, Consumer Affairs, Food and Public Distribution and Textiles, referred to the PM GatiShakti digital platform which brings together 16 ministries, such as Railways and Roadways for integrated planning and coordinated implementation of infrastructure projects across the country. He was keen that the “government and private sector should work together to bring down logistics costs, increase economic efficiency, and indigenous innovation.”

GatiShakti will benefit the logistics sector most with investment across roads, highways, ports, airports, multi-modal terminals etc. The Minister emphasised the expansion of infra spending from Rs. 2.5 lakh crore to Rs. 7.5 lakh crore (US$ 36.6 billion to US$109 billion) will help in efficient planning and implementation, thereby ensuring last-mile connectivity. He also informed the gathering that the government is considering the promotion of the manufacturing of containers and shipbuilding.

PM GatiShakti,  the National Master Plan for Multi-modal Connectivity is a digital platform that was launched in October 2021 by the Prime Minister of India, Shri Narendra Modi. Created to leverage technology and improve connectivity between infrastructure schemes and ministries, the 16 departments involved have visibility through the centralised portal.

This addresses systemic issues in India’s complex infrastructure management. Coordination between departments was distinctly lacking. For example, after a road had been constructed, it would be dug up to lay underground cables or gas pipelines. Not only was this a public inconvenience, but it also led to wasteful expenditure.

In addition to avoiding such issues in the future, PM GatiShakti also enables faster approval processes, reduces the number of regulatory clearances and creates a holistic outlook toward infrastructure and development in the country.

PM GatiShakti is based on six pillars:

  1. Comprehensiveness: It will include all the existing and planned initiatives of various Ministries and Departments with one centralised portal. Each and every Department will now have visibility of each other’s activities providing critical data while planning and executing projects in a comprehensive manner.
  2. Prioritisation: Through this, different Departments will be able to prioritise their projects through cross-sectoral interactions.
  3. Optimisation: The National Master Plan will assist different ministries in planning for projects after the identification of critical gaps. For the transportation of the goods from one place to another, the plan will help in selecting the most optimum route in terms of time and cost.
  4. Synchronisation: Individual Ministries and Departments often work in silos. There is a lack of coordination in the planning and implementation of the project resulting in delays. PM GatiShakti will help in synchronising the activities of each department, as well as of different layers of governance, holistically by ensuring coordination of work between them.
  5. Analytical: The plan will provide the entire data in one place with GIS-based spatial planning and analytical tools having 200+ layers, enabling better visibility to the executing agency.
  6. Dynamic: All Ministries and Departments will now be able to visualise, review and monitor the progress of cross-sectoral projects, through the GIS platform, as the satellite imagery will give on-ground progress periodically and the progress of the projects will be updated regularly on the portal. It will help in identifying the vital interventions for enhancing and updating the master plan.

PM GatiShakti will provide the public and business community with information regarding the upcoming connectivity projects, other business hubs, industrial areas and the surrounding environment. This will enable the investors to plan their businesses at suitable locations leading to enhanced synergies.

It will create multiple employment opportunities and give a boost to the economy. Moreover, the initiative will improve the global competitiveness of local products by cutting down the logistics costs and improving the supply chains, and also ensure proper linkages for local industry and consumers.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

PARTNER

Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

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