Logistics has become at the heart of Indian politics on its way to becoming a developed nation and a leader in international trade, said Union Minister for Trade and Industry Piyush Goyal.
He also said express delivery services have been transformed by innovative ideas led by Prime Minister Narendra Modi.
Speaking at the ICRIER publication of the Express Delivery Services Report in New Delhi, he commended the Indian Council for Research on International Economic Relations (ICRIER) for a report that aims to improve the entire logistics system through partnerships with industry and government. He said that ICRIER acts as a bridge between government and industry. He added that it needs to work with industry experts on the roadmap for fruitful implementation and implementation of the report’s recommendations.
Goyal noted that despite challenges such as inventory levels, high raw material costs, freight issues and the impact of the COVID-19 pandemic, overall export growth over the past two years is commendable. He said the government is making a conscious effort to change mindsets, see things from the old perspective and live in hesitation with history. As a result of these efforts, total exports from India are expected to be about US$765 billion in 2022-23, he said.
The minister said the government is focused on bringing digital connectivity across the length and breadth of the country, with 4G and broadband internet reaching almost every corner of the country. He noted that seamless digital connectivity enabled India to deliver services on time during COVID time by making working from home easier. He said that this express delivery of services through an extensive digital network created in the last 8 years needs to be duplicated in the logistics sector to deliver goods on time.
He said that Express Delivery Services has yet to grapple with India’s huge potential. The minister noted that to reduce costs in logistics, size, efficiency and building blocks through technology must be harnessed. He said the government is taking steps in this direction through massive infrastructure development by PM GatiShakti for smarter and faster planning and implementation of projects, unified logistics interface platform and dedicated freight corridors.
He stressed that when the Prime Minister said that India can be the world’s most trusted partner at the G20, the message was being spread that India is ready to do business with its transparent and rules-based ecosystem and its highly talented and dedicated workforce . He said trust, transparency and talent will help us in our trade.
He said the prime minister’s innovative ideas, including transporting liquid medical oxygen on trains and empty containers by air during the COVID-19 pandemic, have resulted in a significant reduction in delivery time and saved numerous lives. He stressed the importance of speed to India’s success and called for new ideas and ways to work for the country in a spirit of togetherness.