“The launch of the National Logistics Policy is a landmark move for the sector. The Policy consists of essential reforms and initiatives that are expected to have a positive impact on the Logistics ecosystem in the country. The National Logistics Policy caters to all the key stakeholders with a special emphasis on streamlining processes for seamless coordination, employment generation & skilling, reduction in overall logistics cost, and ease of business for corporates, farmers and MSME’s. The policy will help bring down the transportation, warehousing and inventory costs which will consequently reduce the overall logistics cost down to around 8% of GDP in the next 5 years. Digitalization of the logistics sector and creation of unified portals will play a crucial role in bringing the logistics sector together. While ULIP will serve as a single window e-logistics market, ELOG will address the issues of the Logistics Industry enhancing the sector .The policy is also expected to boost employment and address manpower issues in the sector with the introduction of new Logistics & Supply Chain courses for students.
Quote from Blue Dart on the Launch of National Logistics Policy
