What is multi modal logistics park Upsc?
What is a Multi Modal Logistics Park (MMLP)? About: Developed under a 'Hub & Spoke' model, the MMLP will integrate multiple modes of freight transport through highways, railways & inland waterways.26-Aug-2022
LOGISTICS – GLOBAL VIEW Global Logistics Industry includes all activities of the supply chain such as transportation, customer service, inventory management, flow of information and order processing.
What is national logistics portal?
National Logistics Portal (Marine) is a national maritime single window platform encompassing complete end-to-end logistics solutions to help exporters, importers, and service providers exchange documents seamlessly and transact business.
The policy will create a single window e-logistics market and focus on generation of employment, skills and make MSMEs competitive. India's logistics sector is highly defragmented and the aim is to reduce the logistics cost from the present 14% of GDP to less than 10% by 2022.
Where is India's first multi modal logistic park?
Jogighopa
As of July 2021, 35 MMLPs has been identified by MoRTH. Among those Bangalore, Chennai, Guwahati and Nagpur are under implementation, and the rest are in pre-planning and DPR is yet to be prepared.
Which is the largest logistic company in India?
VRL Logistics Ltd Currently the largest fleet owner of commercial vehicles in India with a fleet of 4835 Vehicles (Including 362 Passenger Transport Vehicles & 4473 Goods Transport Vehicles amongst others). Market Cap: 2,380 Cr.18-Apr-2022
The future of logistics will be defined by data, analyzed by artificial intelligence and driven by machines. Gartner has predicted that by 2023, AI techniques will be embedded across 50% of supply chain technology solutions.
What is the future of logistics in India?
In 2019, the McKinsey Global Institute (MGI) predicted that India's logistics sector would expand at a compound annual growth rate of more than 10 percent, from $200 billion in early 2020 to at least $320 billion in 2025.14-Dec-2021
Green logistics consists in using more eco-friendly and sustainable processes in order to reduce the environmental impact of logistics. This approach covers the entire life cycle of the product: manufacturing, storage, transport, marketing, use and disposal.21-Oct-2021
How logistic costs could be reduced in India by ULIP?
As part of its initiative to reduce country's logistics cost by making systems more efficient and broad based, government proposes to rope in private sector into its Unified Logistic Interface Platform- ULIP. About 24 Digital Systems of 6 Ministries are being integrated through ULIP.28-Feb-2022
NLP Marine is designed as an “open platform” and in a manner that allows coexistence of multiple service providers to provide EXIM related services independently or by using connectivity options and data as authorized by IPA.28-Dec-2021
What is Gati Shakti policy?
On October 13, 2021, prime minister Narendra Modi launched India's first National Infrastructure Masterplan, the Pradhan Mantri Gati Shakti (PMGS) scheme, aimed at breaking inter-ministerial silos and to integrate the planning of infrastructure projects.13-Jun-2022
A logistics policy is a mandate that determines how the processes are going to proceed. It could be about transportation, customs, infrastructure development, and trade. The provisions could either a new strategy created by administrators or a response to bottlenecks in the industry.
How a national logistics policy can bridge India's supply chain gaps?
Through route optimisation and consolidation of freight, we can drastically reduce transportation costs. We would need to expedite the development of multi-modal logistics parks and eliminate chokepoints to improve connectivity. Additionally, efficient inventory management can reduce indirect costs to 20-25 per cent.21-Oct-2021
Multi Modal Transport Hub (MMTH) project located near the already existing Indian Railways station of Boraki will act as a transport hub with provisioning of rail, road, and mass rapid transit system (MRTS) accessibility for the passengers in a seamless manner.
What are the uses of logistics parks?
A logistics park is an industrial area specifically designed for storage, management, distribution and transportation of various goods. In addition, companies operating from logistics parks often use them to assemble, package, process or do light manufacturing of products.05-Nov-2021
A logistics park is a collection of several warehouses – both readymade as well as custom-built, office complexes, data centres, transport depots, fuel pumps, piers or bays, labour accommodations, retail facilities, customs houses, etc. Clients can choose the services according to their requirements.02-Mar-2022
How many multi modal logistics parks are there in India?
Under the second phase of central scheme Bharatmala Pariyojana, the government has identified 11 locations across the country to set up multi-modal logistics parks (MMLPs), taking the total number of such facilities in the country to 53.17-Jun-2022
Multimodal transport (also known as combined transport) is the transportation of goods under a single contract, but performed with at least two different modes of transport; the carrier is liable (in a legal sense) for the entire carriage, even though it is performed by several different modes of transport (by rail,
What is meant by multi modal?
What does multimodal mean? Multimodal means having or using a variety of modes or methods to do something. Multimodal is a general term that can be used in many different contexts. It also has more specific uses in the fields of statistics and transportation.
What is multi modal logistics park Upsc?