Organised by the FTCCI, this was the first mega international event addressing the shipping and logistics sector. Khyati Naravane, CEO, FTCCI, welcomed the august gathering from India and abroad. The announcement of the National Logistics Policy and the PM Gati Shakti Master Plan underscore the importance of shipping and logistics in making India a manufacturing hub, shared Anil Agarwal, President, FTCCI. In this aspect, the state government of Telangana has been proactive to launch the Telangana Logistics Policy to fuel industrial growth in the state. The main reason for Indian exports losing ground in international trade has been the high logistics cost, as compared to the developed world. The state logistics policy has announced an investment of $123.19 million which is expected to generate an employment for 10,000,00 people. A significant part of this investment will go into developing 1000 acres of logistics park. The federation is simultaneously working on skill development and is offering certificate courses on supply chain management. He added, the state has the potential to become the export capital of India.
India and Bangladesh are using protocol routes to better connect through waterways. Indian cargo is moving to landlocked northeast states via Bangladesh ports, so being landlocked is no more a hindrance. With the development of Padma bridge Bangladesh is now using Mongla Port, in addition to Chittagong port to expedite cargo movement.
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