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National Logistics Policy 2022: Sets roadmap for developing more interconnected framework

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Analysts said the National Logistics Policy provides a blueprint for creating a more tech-driven and integrated framework for increasing cost and operational efficiency in the sector.

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Anshuman Singh, Chairman and Managing Director of Stellar Value Chain Solutions, said the strategy, which Prime Minister Narendra Modi introduced on Saturday

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Indicates the government's constructive desire to solve all of the industry's primary concerns in logistics and supply chain management

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Additionally, it will boost the trust of investors who are eager to participate in the logistics sector, according to Singh

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It will not only inspire all logistics players to band together and work together to strengthen logistics competitiveness globally

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The quest for seamless multimodal transportation and modern connectivity, according to Vineet Agarwal, MD at Transport Corporation of India

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will be a game changer because it will move the burden of transportation from just the road to other modes as well

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According to Agarwal, the NLP's ULIP tenant will increase customer awareness and permit logistics companies like TCI to implement digitalisation on a much wider scale.

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 the new logistics strategy would support the development of an integrated, affordable, resilient, and sustainable logistics ecosystem in the nation

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NLP will assist the last mile to be more effective and quicker to fill the gap of the carrier where business can profit in terms of time and cost.

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Infrastructure improvements backed by technologically enabled solutions would provide the industry the much-needed boost