Federation of Indian Chamber of Commerce & Industry (FICCI), in collaboration with the Department for Promotion of Industry and Internal Trade (DPIIT) recentlyhosted PM GatiShakti Summit on Logistics Efficiency and Infrastructure Planning in New Delhi.
The event was inaugurated by Secretary DPIIT – Shri Rajesh Kumar Singh IAS, Special Secretary Logistics Division (DPIIT) – Smt. Sumita Dawra IAS, Secretary General FICCI – Shri Shailesh K Pathak, Past President of FICCI and CMD of Somany Impressa Group, Shri Sandip Somany, and Co-Chair, FICCI Committee on Logistics and Director, Pristine Logistics & Infra projects Ltd., Sh. Amit Kumar.
Shri Rajesh Kumar Singh stated that the PM GatiShakti National Master Plan is transforming the logistics ecosystem in the country. He mentioned that the India’s Growth Story is backed with solid structural reforms, robust macroeconomic management, and investment in physical, digital and social sector infrastructure. This investment in social infrastructure will lead to multiplier effect in the country and contribute to economic growth. He also highlighted that, with the formalization of economy, higher level of financial inclusion are being obtained, digital divide is being bridged and significant investment in financial assets is observed.
In line with the Prime Minister’s Vision and India’s commitment to Global South, Secretary, DPIIT highlighted that PM GatiShakti, currently being rolled out at district-level, will soon be promoted as global public good.
Smt. Sumita Dawra highlighted that infrastructure and logistics are key drivers of the economic growth. Through launch of PM GatiShakti National Master Plan and National Logistics Policy, government has prioritized large-scale infrastructure projects and improved logistics service efficiency respectively. Some of the key reforms to improve logistics efficiency includes, 23 States/UTs notified State Logistics policies, Land Port Management System (LPMS), digitization at Ports; NLP Marine, and FASTAG. She stated that one of the achievement from these reforms have been improvement in the World Bank’s Logistics Performance Index Ranking from 44 in 2018 to 38 in 2023. Further, three indigenously developed data-driven support mechanism systems have been developed (ULIP, LDB, and PM GatiShakti National Master Plan).
She also highlighted contribution of the PM GatiShakti programme towards integrated planning, creation of Next Generation Infrastructure, and promoting people-centric development. Some of best use cases of PM GatiShakti in sectors such as telecom, petroleum and natural gas, renewable energy, area-based planning, etc were also showcased. Further, usage of PM GatiShakti is also reducing critical last & first mile gaps, minimizing disruption to natural resources, avoiding duplication of infrastructure creation and promoting capacity sharing. Investment opportunities in various sectors, including Robotics, Logistics, Warehousing, Waste reduction, and Packaging, were also emphasized.
The Panel Discussion on “PM GatiShakti and Comprehensive Area Development Approach” laid out a plethora of opportunities and developments in the logistics ecosystem, attracting cross-sectoral investments. The session on Digital Infrastructure & Unified Logistics Interface Platform (ULIP) discussed the development of integrated gateway for comprehensive logistics ecosystem & resilient supply chain in India. Further, the session on Green Logistics showcased best practices for sustainable development in logistics and infrastructure sector.
Recognizing the crucial role of PM GatiShakti in driving progress in various sectors, this event brought key stakeholders together to explore strategies and foster a culture of informed, data-driven decision-making for comprehensive and sustainable growth. It aided in generating valuable insights and recommendations to maximize the impact of this transformative initiative, improving Ease of Living as well as Ease of Doing Business.