India and South Korea Forge Strategic Alliance to Boost Logistics
WAREHOUSING & LOGISTICS

India and South Korea Forge Strategic Alliance to Boost Logistics

The Department for Promotion of Industry and Internal Trade (DPIIT) and the Korea Transport Institute (KoTI) formalised a strategic partnership to strengthen logistics infrastructure under PM GatiShakti. The MoU was signed on February 10 at the Sejong National Research Complex in South Korea, with Youngchan Kim, President of KoTI, and Amit Kumar, India’s Ambassador to South Korea, marking a new chapter in bilateral cooperation. 

Key Objectives & Strategic Importance 
  • Knowledge Sharing & Institutional Cooperation: Establishing a robust framework for cross-learning between DPIIT’s Logistics Division and KoTI. 
  • Infrastructure Master Planning: Supporting the development of comprehensive logistics and infrastructure strategies under PM GatiShakti. 
  • Technology & Innovation: Leveraging KoTI’s expertise in GIS-based planning, multimodal connectivity, and smart logistics solutions. 
Elevating India’s Global Infrastructure Leadership 
This strategic alliance marks a major milestone in bilateral ties, reinforcing India’s commitment to logistics modernisation and infrastructure innovation. The Ministry of Commerce and Industry hailed the initiative as a step towards positioning India as a global leader in smart logistics and sustainable infrastructure development.   

The Department for Promotion of Industry and Internal Trade (DPIIT) and the Korea Transport Institute (KoTI) formalised a strategic partnership to strengthen logistics infrastructure under PM GatiShakti. The MoU was signed on February 10 at the Sejong National Research Complex in South Korea, with Youngchan Kim, President of KoTI, and Amit Kumar, India’s Ambassador to South Korea, marking a new chapter in bilateral cooperation. Key Objectives & Strategic Importance Knowledge Sharing & Institutional Cooperation: Establishing a robust framework for cross-learning between DPIIT’s Logistics Division and KoTI. Infrastructure Master Planning: Supporting the development of comprehensive logistics and infrastructure strategies under PM GatiShakti. Technology & Innovation: Leveraging KoTI’s expertise in GIS-based planning, multimodal connectivity, and smart logistics solutions. Elevating India’s Global Infrastructure Leadership This strategic alliance marks a major milestone in bilateral ties, reinforcing India’s commitment to logistics modernisation and infrastructure innovation. The Ministry of Commerce and Industry hailed the initiative as a step towards positioning India as a global leader in smart logistics and sustainable infrastructure development.   

Next Story
Infrastructure Urban

Kochi Canals Set for Major Transport and Tourism Upgrade

Kochi is poised for a major transformation as the Kerala government approves the Rs 37.16 billion Integrated Urban Regeneration and Water Transport System, which will revitalise the city’s historic canal network. The ambitious project, led by Kochi Metro Rail Limited (KMRL), aims to combine urban renewal, sustainable transport, and tourism development.“I am delighted that the state government has cleared this transformative initiative,” said Loknath Behera, Managing Director of KMRL. “This project will ease monsoon flooding, address long-standing waste management issues, and rejuvenate..

Next Story
Infrastructure Urban

Charminar to Get High-Tech Multi-Level Parking Facility

To tackle long-standing parking challenges around the iconic Charminar in Hyderabad, the Greater Hyderabad Municipal Corporation (GHMC) has announced the development of a state-of-the-art multi-level parking (MLP) facility under a public-private partnership (PPP) model.The project, spanning 3,500 square metres, will accommodate approximately 145–150 cars and 150 two-wheelers. In addition to easing congestion, the complex will include a dedicated hawker zone and commercial spaces, blending heritage with modern convenience.Charminar, a major tourist attraction, has faced mounting infrastructur..

Next Story
Infrastructure Urban

Chalai Market Revamp May Get Boost From Urban Challenge Scheme

The long-delayed redevelopment of Thiruvananthapuram’s historic Chalai market could soon gather momentum, as the Kerala government seeks funding under the Union government’s newly launched Urban Challenge Scheme. Authorities aim to secure one-third of the project’s estimated Rs 2 billion cost through this Central initiative, recently introduced in the Union Budget.Spearheaded by Smart City Thiruvananthapuram Ltd (SCTL), the redevelopment is planned in four phases. Phase I, which involves upgrading the internal road network, is nearing completion. However, financial constraints have stall..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?