India Must Embrace New Technology as AI Could Save Rs 200 billion
Technology

India Must Embrace New Technology as AI Could Save Rs 200 billion

An Economic Advisory Council to the Prime Minister (EAC-PM) member has urged India to embrace new technology and said artificial intelligence could save Rs 200 billion (bn) in cargo handling nationwide. The member outlined that adoption of digital systems and advanced analytics in ports, terminals and freight corridors can reduce inefficiencies and operating costs. The intervention stressed that timely policy support would be necessary to unlock such gains. The assessment quantified potential savings across ports, road and rail segments.

The EAC-PM member identified automation of terminal operations, predictive maintenance of equipment and optimisation of cargo routing as key areas where AI can deliver savings. Digitisation of documentation and improved data sharing across stakeholders were said to reduce dwell times and transaction costs. Investment in interoperable platforms and real time visibility across supply chains was described as essential. Early pilots were cited as instructive for scaling interventions.

To realise benefits, the member recommended stronger public private partnerships, focused capital expenditure and targeted skilling programmes to prepare the workforce for technology adoption. Regulatory clarity, standards for data governance and incentives for pilot projects were proposed to accelerate deployment. The member indicated that collaboration with global technology providers and domestic start ups could fast track solutions. Funding mechanisms were noted as critical to support transition costs.

The assessment suggested that, beyond direct cost savings, wider adoption of AI could enhance competitiveness of Indian logistics, lower end consumer prices and support export growth. The member urged coordinated action by central and state agencies alongside industry to translate proposals into measurable outcomes. Implementation, the member added, would require sustained monitoring and iterative policy adjustments. The member recommended a phased implementation with measurable milestones and periodic reviews.

An Economic Advisory Council to the Prime Minister (EAC-PM) member has urged India to embrace new technology and said artificial intelligence could save Rs 200 billion (bn) in cargo handling nationwide. The member outlined that adoption of digital systems and advanced analytics in ports, terminals and freight corridors can reduce inefficiencies and operating costs. The intervention stressed that timely policy support would be necessary to unlock such gains. The assessment quantified potential savings across ports, road and rail segments. The EAC-PM member identified automation of terminal operations, predictive maintenance of equipment and optimisation of cargo routing as key areas where AI can deliver savings. Digitisation of documentation and improved data sharing across stakeholders were said to reduce dwell times and transaction costs. Investment in interoperable platforms and real time visibility across supply chains was described as essential. Early pilots were cited as instructive for scaling interventions. To realise benefits, the member recommended stronger public private partnerships, focused capital expenditure and targeted skilling programmes to prepare the workforce for technology adoption. Regulatory clarity, standards for data governance and incentives for pilot projects were proposed to accelerate deployment. The member indicated that collaboration with global technology providers and domestic start ups could fast track solutions. Funding mechanisms were noted as critical to support transition costs. The assessment suggested that, beyond direct cost savings, wider adoption of AI could enhance competitiveness of Indian logistics, lower end consumer prices and support export growth. The member urged coordinated action by central and state agencies alongside industry to translate proposals into measurable outcomes. Implementation, the member added, would require sustained monitoring and iterative policy adjustments. The member recommended a phased implementation with measurable milestones and periodic reviews.

Next Story
Equipment

MYCRANE Crosses 1,000 Customers in India

MYCRANE, the global platform for crane rental and purchase, has achieved major commercial milestones in India, reinforcing the country’s position as one of its fastest-growing strategic markets. The company has surpassed 1,000 registered customers and 1,000 crane suppliers nationwide, while completing more than 100 paid orders.The growth reflects rising adoption of digital procurement solutions across India’s construction, infrastructure, energy and industrial sectors. Equipment sourced through the platform is supporting projects across the country, with several leading contractors and EPC..

Next Story
Infrastructure Urban

AMTOE 2026 Opens Global Machine Tool Sourcing Hub

The Asian Machine Tool Online Exhibition 2026 (AMTOE 2026) has officially opened as a B2B sourcing platform connecting global buyers with verified Asian suppliers across the machine tool and manufacturing sector. The exhibition will run until 31 October 2026 through a hybrid online and offline model, offering extended sourcing and business networking opportunities.Co-organised by AsianNet and TradeAsia, the event aims to strengthen links between Asian manufacturers and international importers while improving cross-border procurement efficiency and supplier matching.Since launching in 2022, AMT..

Next Story
Infrastructure Energy

Vedanta Lifts Renewable Energy Use by Over 50%

On World Earth Day, Vedanta Limited announced that its renewable energy usage rose by over 50 per cent year on year to 3.97 billion units in FY26, helping avoid 3 million tonnes of carbon dioxide emissions.The company said its portfolio of metals, minerals, power, and oil & gas continues to support advanced manufacturing, electrification, energy transition and clean technology. Aluminium, copper and silver remain critical for applications such as mobility, power transmission, renewable infrastructure and solar photovoltaics, while iron, steel and zinc continue to support energy infrastruct..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement