Quote:
“We welcome the National Logistics Policy (NLP) announced today by Hon’ble Prime Minister Shri Narendra Modi. As India aims to become a $5 trillion economy by 2024-25. Connectivity and superior infrastructure will be critical towards achieving these goals. The, National Logistics Policy (NLP) comes as a big boost for the sector, as it aims to promote seamless movement of goods across India and potentially could lead to a reduction in the cost of logistics and accelerate GDP growth. It will further have a positive impact on nation’s supply chain and will help to augment warehousing capacity, and take products closer to the consumption points. The enhanced focus of the policy on enhancing human capital and operating standards are welcome initiatives to increas formalization of the sector. As one of India’s largest Third-Party Integrated Logistics (3PL) solution providers, we at Mahindra Logistics Ltd. are aligned with Government’s vision of making India a better and easier place to do business. We remain focused on delivering integrated solutions to help enterprises become more agile and cost efficient, and support India’s growth story.”
