What is the National logistics policy?
The National Logistics Policy (NLP) is aimed at streamlining and strengthening India's logistics sector, promoting the seamless movement of goods across the country, and increase the ease of doing business for players in the sector.06-Dec-2021
Through route optimisation and consolidation of freight, we can drastically reduce transportation costs. We would need to expedite the development of multi-modal logistics parks and eliminate chokepoints to improve connectivity. Additionally, efficient inventory management can reduce indirect costs to 20-25 per cent.21-Oct-2021
Who is the logistic minister of India?
The minister is Sarbananda Sonowal.Ministry of Ports, Shipping and Waterways.
National Logistics Portal (Marine) is a national maritime single window platform encompassing complete end-to-end logistics solutions to help exporters, importers, and service providers exchange documents seamlessly and transact business.
What is logistics sector in India?
LOGISTICS – GLOBAL VIEW Global Logistics Industry includes all activities of the supply chain such as transportation, customer service, inventory management, flow of information and order processing.
Prime minister Narendra Modi announced the launch of Gati Shakti, a Rs 100 lakh-crore project for developing 'holistic infrastructure' in India on the 75th independence day.13-Jun-2022
What does a logistic department do?
Logistics management is that part of the supply chain which plans, implements and controls the efficient, effective forward and reverse flow and storage of goods, services and related information between the point of origin and the point of consumption in order to meet customers' requirements.
India has 13 major ports and 205 notified minor and intermediate ports. Six new mega ports are to be developed under the Sagarmala Project.
What is the logistic sector?
Logistics refers to the overall process of managing how resources are acquired, stored, and transported to their final destination. Logistics management involves identifying prospective distributors and suppliers and determining their effectiveness and accessibility.
Green logistics consists in using more eco-friendly and sustainable processes in order to reduce the environmental impact of logistics. This approach covers the entire life cycle of the product: manufacturing, storage, transport, marketing, use and disposal.21-Oct-2021
How logistic costs could be reduced in India by ULIP?
ULIP is designed for enhancing efficiency and reducing the cost of logistics in India by creating a transparent, single window platform to provide real-time information to all stakeholders.02-Mar-2022
NLP Marine is designed as an “open platform” and in a manner that allows coexistence of multiple service providers to provide EXIM related services independently or by using connectivity options and data as authorized by IPA.28-Dec-2021
Which is the largest logistic company in India?
VRL Logistics Ltd Currently the largest fleet owner of commercial vehicles in India with a fleet of 4835 Vehicles (Including 362 Passenger Transport Vehicles & 4473 Goods Transport Vehicles amongst others). Market Cap: 2,380 Cr.18-Apr-2022
The future of logistics will be defined by data, analyzed by artificial intelligence and driven by machines. Gartner has predicted that by 2023, AI techniques will be embedded across 50% of supply chain technology solutions.
What is the future of logistics industry in India?
The demand for logistics services in India has been largely driven by the remarkable growth of the economy. The growth is being projected at 9-10 per cent in next few years, with the compounded annual growth rate (CAGR) expected to grow at a rate of 7-8 per cent.
Finance Minister Nirmala Sitharaman spelt out plans to take the Gati Shakti national master plan forward to spur the logistics infrastructure. The plan has received its first outlay of Rs 20,000 crore for 2022-23. “PM GatiShakti is a transformative approach for economic growth and sustainable development.03-Feb-2022
What is Gati Shakti scheme?
The PM Gati Shakti - National Master Plan was announced last year with an aim to break departmental silos and bring in more holistic and integrated planning and execution of projects with a view to address the issues of multi-modal and last-mile connectivities. PTI Prime Minister Narendra Modi.28-Feb-2022
Prime Minister launched PM Gati Shakti - National Master Plan for Multi-modal Connectivity, essentially a digital platform to bring 16 Ministries including Railways and Roadways together for integrated planning and coordinated implementation of infrastructure connectivity projects.02-Nov-2021
What is logistics job salary?
The average salary for Logistics Manager is £45,334 per year in the London Area. The average additional cash compensation for a Logistics Manager in the London Area is £2,860, with a range from £423 - £19,323.
Main components
Do logistics jobs pay well in India?
Average Annual Salary Very High Confidence means the data is based on a large number of responses. Logistics jobs salary in India ranges between ₹ 0.2 Lakhs to ₹ 9.2 Lakhs with an average annual salary of ₹ 2.5 Lakhs. Salary estimates are based on 270 salaries received from Logistics jobss.
What is the National logistics policy?