Press Release

Maharashtra invests in logistics sector to promote multi-model connectivity

Maharashtra invests in logistics sector to promote multi-model connectivity

The state of Maharashtra has decided to invest above 150 crores in the supply chain and logistics industry for Pune and Thane regions with the aim to promote multi-modal connectivity. technology-driven accreditation and standardization process to support the supply chain ecosystem within the state

As per the state's transport minister, Mr. Anil Parab, the logistics sector is a livelihood source for about 22 million people, and working towards its improvement will lead to a decrease in indirect logistics by at least 10%. The worth of the Indian Logistics market is expected to reach USD 215 billion by 2022.  

The government of Maharashtra has signed 12 Memorandums of understanding worth with 16,100 crores with both international and local companies to bring in economic stability. Covid-19 pandemic has brought along new realities and new culture along with it and that being the new normal, the logistics industry of the nation is all set for turnaround getting ready to tackle market uncertainty. Major players of the sector have started to devise new, innovational methods and adopt them in their daily schedules to move ahead of their competitions, making way for better supply chain and transportation methods.

The central government has decided to bring in a National Logistics Policy and is working hard to make it a reality super soon for one of the important sectors of the economy. 

The NLP aims to promote seamlessly The logistics industry and an effective supply chain sector are very important to push a nation towards becoming a global investment choice. Building new and better infrastructure, building capacity, adapt to business risks, digitization, reduction of operational risks are some of the important factors to key in for on-going projects and build a comprehensive supply chain ecosystem. 



 

About cookies on this site

We use cookies to collect and analyse information on site performance and usage, to provide social media features and to enhance and customise content.