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Strategy, Analysis & Investment Valuations

As we gear up for the upcoming budget, all eyes are on how the government plans to rein in India's sky-high logistics costs, currently devouring a staggering 13%-14% of our GDP. However, there's a strong buzz about some game-changing strategies that could be in the pipeline!   Crunching the Numbers: Let's break it down, Logistics costs at 13%-14% of GDP is a hefty burden on our economy. Yet, there's optimism that with strategic interventions, this number could be slashed significantly. By streamlining supply chains, cutting down delivery times, and ramping up operational efficiency across the board, especially for our booming e-commerce sector along with working out Integrated Supply Chain solutions is crucial to streamline supply chains and reduce costs.   But wait, there's more to this equation! “Need is of Digital Revolution in Logistics Infrastructure Space and Focus on Green Energy”   Just Picture a world where every step of your supply chain is seamlessly integrated and tracked in real time. That's the power of digital infrastructure! Investing in technologies to automate the workflows isn't just about staying ahead; it's about transforming how we do logistics. The buzz is that the budget might unveil ambitious plans to boost digital connectivity across logistics networks, paving the way for unprecedented efficiency gains and the government’s commitment to promote green logistics towards a cleaner, more cost-effective logistics sector. Imagine fleets of electric vehicles humming along our highways, powered by renewable energy sources. Not only does this reduce carbon footprints, but it also cuts down on fuel costs and enhances operational efficiency.   You must be thinking, Why It Matters? Well, imagine the ripple effect across industries. Lower logistics costs mean businesses can price competitively, expand operations, and reach new markets more efficiently. It's about boosting economic growth, creating jobs, and fostering innovation. These aren't just lofty goals; they're achievable with the right strategies in place!   With strengthened infrastructure, advanced digital tools, and a greener approach, the upcoming budget holds the potential to unleash a wave of reforms and investments that could redefine India's logistics landscape. So, let's stay optimistic, stay informed, and brace ourselves for what could be a monumental leap toward a more efficient, sustainable, and digitally-driven logistics sector.

Budget 2024: Logistics Startups Pitch Infra Push To Power Growth

Budget 2024: Logistics Startups Pitch Infra Push To Power Growth

inc42.com

Manoj Kumar Tiwary

Chief Financial Officer at Mediterranean Shipping Company (UAE) LLC

5mo

Very informative and it’s a futuristic article

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