A robust logistics ecosystem remains the focus at the TIWG meeting

The third meeting of the Trade and Investment Working Group (TIWG) under India’s G20 presidency kicked off Monday in Ekta Nagar (aka Kevadia) in Narmada district with an international seminar on “Trade Infrastructure” hosted by the Ministry of Industry Promotion and Domestic Trade (DPIIT), Department of Trade and Industry, in association with the Confederation of Indian Industry (CII).

DPIIT Secretary Rajesh Kumar said in his keynote address to G20 delegates that the government has made “an historic amount of capital investment” in the development of multimodal infrastructure for last and first mile connectivity.

“India improved its ranking in Global Logistics Performance Index in 2023 due to reforms such as National Logistics Policy, State Logistics Policy, LEADS survey, digital initiatives such as Logistics Database (LDB), Port Connectivity Plan, etc.,” he said.

He encouraged the G20 and participants to use this platform to benefit from international experiences for logistic efficiency.

The role of infrastructure, logistics and MSMEs in global value chains (GVCs) was discussed in two panel discussions with international experts, industry leaders and public sector experts, among others.

High-level speakers from India and abroad discussed and developed ideas on how to bring the G20 together in building resilient global value chains by building a resilient logistics ecosystem with strengthened physical and digital infrastructure to support international trade.

The first session was about the “Role of logistics in expanding global value chains” with panellists from international organizations such as the United Nations Conference on Trade and Development (UNCTAD), the Asian Development Bank (ADB), the World Bank and from industry sectors.

Key discussion points included improving regional connectivity, enhancing better market access and trade facilitation, global manufacturing networks and their impact on infrastructure development, a growing demand for integrated logistics parks, and a paradigm shift in focus from transportation to logistics infrastructure.

In the second session “MSMEs Going Global: Integration with Global Value Chains”, panellists from the Ministry of MSME, NITI Aayog, Open Network for Digital Commerce (ONDC) and Small Industries Development Bank of India (SIDBI) discussed the MSME sector, challenges and Access to finance, access to information and access to technology solutions from MSMEs.

The role of the Open Network for Digital Commerce (ONDC) platform as a platform for MSMEs to participate in trade and business was also discussed.

On the sidelines of the three-day event, an exhibition on the “PM GatiShakti National Master Plan (NMP)” and use cases was also shown.

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