Multimodal connectivity aims to reduce time and cost
WAREHOUSING & LOGISTICS

Multimodal connectivity aims to reduce time and cost

An all-inclusive plan for providing a nationwide multimodal network is imminent, aiming to reduce logistics cost and time.

Guruprasad Mohapatra, the Secretary in the Department for Promotion of Industry and Internal Trade (DPTII), said infrastructure-related industries including civil aviation, shipping and railways will be provided with multimodal connectivity of global quality by 2024. Individual ministries will receive definite timelines once the cabinet approves the plan.

A master plan, being formulated, will provide multimodal connectivity wherever significant economic activity such as industrial parks or industrial clusters is underway. The logistics division under the Department of Commerce is identifying the areas where the need to reduce the logistics and cost is paramount. Issues of compliance burden and time constrictions that certain government activities pose are being reviewed, and the infrastructure industry may see reduced compliance burden over the next few months, Mohapatra said.

A single-window system, expected to be in place by end March, would enable faster clearance and approvals both at state and centre levels.

Currently, a GIS-enabled land bank system allows investors to get realtime information about the availability of resources and industrial land in 14 states.

Source: Outlook India

Image credit: Indian Transport and Logistics News

An all-inclusive plan for providing a nationwide multimodal network is imminent, aiming to reduce logistics cost and time. Guruprasad Mohapatra, the Secretary in the Department for Promotion of Industry and Internal Trade (DPTII), said infrastructure-related industries including civil aviation, shipping and railways will be provided with multimodal connectivity of global quality by 2024. Individual ministries will receive definite timelines once the cabinet approves the plan. A master plan, being formulated, will provide multimodal connectivity wherever significant economic activity such as industrial parks or industrial clusters is underway. The logistics division under the Department of Commerce is identifying the areas where the need to reduce the logistics and cost is paramount. Issues of compliance burden and time constrictions that certain government activities pose are being reviewed, and the infrastructure industry may see reduced compliance burden over the next few months, Mohapatra said. A single-window system, expected to be in place by end March, would enable faster clearance and approvals both at state and centre levels. Currently, a GIS-enabled land bank system allows investors to get realtime information about the availability of resources and industrial land in 14 states. Source: Outlook India Image credit: Indian Transport and Logistics News

Next Story
Infrastructure Energy

REC Transfers HVDC Project to Power Grid

REC Limited has successfully handed over the Special Purpose Vehicle (SPV) for a High-Voltage Direct Current (HVDC) transmission project to Power Grid Corporation of India Limited (PGCIL). This strategic move aligns with the nation's objectives to strengthen its power transmission network. Key Highlights: Project Overview: The HVDC project, under the inter-state transmission system (ISTS) initiative, is a critical component of India's push toward robust and efficient electricity transmission. It aims to handle bulk power transfer across long distances while ensuring minimal losses. Role of RE..

Next Story
Infrastructure Transport

NF Railway Collaborates with IIT Guwahati

The Northeast Frontier (NF) Railway has signed strategic Memorandums of Understanding (MoUs) with IIT Guwahati to foster technological advancements and improve railway operations in the region. This partnership focuses on innovative solutions to enhance safety, efficiency, and sustainability in rail infrastructure. Key Highlights: Purpose of MoUs: The collaboration aims to leverage IIT Guwahati's expertise in technology and research for implementing cutting-edge solutions across railway operations. Key areas of focus include: Automation and digitization in maintenance. Sustainability initiati..

Next Story
Infrastructure Transport

Danapur Division Modernization Plans Revealed

The Railway Board has unveiled ambitious plans for the expansion and modernization of the Danapur Division, a critical hub under the East Central Railway. The initiative focuses on infrastructure development, enhanced passenger amenities, and operational efficiency. Key Highlights: Scope of Modernization: The Railway Board's blueprint emphasizes: Upgrading existing infrastructure to accommodate more passenger and freight traffic. Improving station facilities, such as platforms, waiting areas, and connectivity. Introducing advanced signal systems for safer and smoother operations. Freig..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000