+
Gati Shakti NMP to enhance benefits in green logistics sector
WAREHOUSING & LOGISTICS

Gati Shakti NMP to enhance benefits in green logistics sector

The Indian logistics sector has witnessed robust growth for the past few years. However, the $250 billion logistics sectors still suffer from many stoppages.

The government has taken initiatives to ensure smooth logistics while promoting the usage of cleaner fuels. The Gati Shakti National Master Plan (NMP) will catalyse the benefits of the sector, especially green logistics.

India is the third-largest emitter of greenhouse gases (GHG), with about 2.35 gigatonnes of carbon emissions in 2021. The logistics sector is growing environmentally conscious and trying to reduce its carbon footprint by swapping to alternate fuels. The government’s key initiatives, including the Sagarmala Programme, GST reduction, and NMP, will pave the way to green logistics.

The logistics sector is expected to grow at a 10-12% compound annual growth rate (CAGR) to $380 billion by 2025. However, logistics and supply chain costs account for 13-14% of India’s gross domestic product (GDP), higher than most other countries.

PM Narendra Modi launched the Gati Shakti NMP in October 2021 to reduce logistics costs and improve infrastructure efficiency.

The NMP is a transformative economic and sustainable growth approach. The 100 lakh crore project will ensure faster implementation of development projects through technology, resulting in a quicker, smoother, and more efficient delivery.

The government is creating a single-window logistic platform by integrating 24 departments and six ministries into its Unified Logistics Interface Platform (ULIP). It will provide real-time visibility to fill the gap in the movement of goods, reduce costs and enhance the ease of doing business.

The Gati Shakti aims to create roads linked to railway lines that will further feed into major and minor ports, leading to the efficient movement of goods, especially from the frontiers.

While integrating all the multimodal connectivity projects, the NMP will optimise the efficiency of the movement of goods and people.

The Ministry of Road Transport and Highways (MoRTH) and Shipping plan to connect all state capitals in the northeast by expanding the national highway (NH) network to 2 lakh km by 2025. It will reduce the turnaround time and enhance efficiency in the supply chain.

The government is constantly trying to promote natural gas as a long-haul transportation fuel. It is expected to become a more reliable choice due to its lower storage costs and lesser emissions.

The CNG dispensing stations might grow at a 17% CAGR, and the government plans to set up 1,000 LNG stations across India in the next three years.

Green logistics can enhance operations across the logistics sector significantly, saving cost and time, tracking, reliability, transport infrastructure, and transparency while attracting logistics infrastructure investments for green and resilient multimodal connectivity.

Image Source

Also read: ICRA Ratings: India logistics sector revives significantly

The Indian logistics sector has witnessed robust growth for the past few years. However, the $250 billion logistics sectors still suffer from many stoppages. The government has taken initiatives to ensure smooth logistics while promoting the usage of cleaner fuels. The Gati Shakti National Master Plan (NMP) will catalyse the benefits of the sector, especially green logistics. India is the third-largest emitter of greenhouse gases (GHG), with about 2.35 gigatonnes of carbon emissions in 2021. The logistics sector is growing environmentally conscious and trying to reduce its carbon footprint by swapping to alternate fuels. The government’s key initiatives, including the Sagarmala Programme, GST reduction, and NMP, will pave the way to green logistics. The logistics sector is expected to grow at a 10-12% compound annual growth rate (CAGR) to $380 billion by 2025. However, logistics and supply chain costs account for 13-14% of India’s gross domestic product (GDP), higher than most other countries. PM Narendra Modi launched the Gati Shakti NMP in October 2021 to reduce logistics costs and improve infrastructure efficiency. The NMP is a transformative economic and sustainable growth approach. The 100 lakh crore project will ensure faster implementation of development projects through technology, resulting in a quicker, smoother, and more efficient delivery. The government is creating a single-window logistic platform by integrating 24 departments and six ministries into its Unified Logistics Interface Platform (ULIP). It will provide real-time visibility to fill the gap in the movement of goods, reduce costs and enhance the ease of doing business. The Gati Shakti aims to create roads linked to railway lines that will further feed into major and minor ports, leading to the efficient movement of goods, especially from the frontiers. While integrating all the multimodal connectivity projects, the NMP will optimise the efficiency of the movement of goods and people. The Ministry of Road Transport and Highways (MoRTH) and Shipping plan to connect all state capitals in the northeast by expanding the national highway (NH) network to 2 lakh km by 2025. It will reduce the turnaround time and enhance efficiency in the supply chain. The government is constantly trying to promote natural gas as a long-haul transportation fuel. It is expected to become a more reliable choice due to its lower storage costs and lesser emissions. The CNG dispensing stations might grow at a 17% CAGR, and the government plans to set up 1,000 LNG stations across India in the next three years. Green logistics can enhance operations across the logistics sector significantly, saving cost and time, tracking, reliability, transport infrastructure, and transparency while attracting logistics infrastructure investments for green and resilient multimodal connectivity. Image Source Also read: ICRA Ratings: India logistics sector revives significantly

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code