Logistics sector is in an evolving phase with newer technologies being introduced to improve on efficiency and help in reduction of costs. Although the industry is highly fragmented, with various regulatory changes by the government and the few organized 3PL players playing a significant role, the Indian logistics industry is accelerating like never before.
Considering the vital role, the logistics industry plays in growth of the country, Confederation of Indian Industry (CII), organized a conference on Standardisation in Logistics 2019 – ‘A step Towards Accelerating Logistics Sector Growth last week in Delhi.
Speaking at the conference, Anant Swarup, Joint Secretary – Logistics, Ministry of Commerce and Industry, Government of India said, “The department of logistics is working towards reducing cost of logistics and improving the performance index for the country. Standardization in the industry is an important step towards that. Standardization was also part of the draft National logistics policy which the department released earlier. We look forward to work with CII and the industry to make this happen”.
Delivering the theme address, Pirojshaw Sarkari, Member CII National Committee on Logistics & CEO, Mahindra Logistics said, “Standardization needs to take place across the industry be it pallet or vehicle size, warehousing standards, contracting standards or facilities for drivers. The cost of logistics is relatively higher in our country than comparable countries due to inefficiencies created by lack of standardization. I believe that for MAKE IN INDIA to be successful, MOVE IN INDIA must be efficient. The journey to common standards is not going to be easy. But, I believe this is the way forward.”