Industry leaders emphasized on the importance of sustainability, collaboration, and policy initiatives in steering Bharat towards a $5 trillion economy by 2027-28 and achieving a digitally advanced, eco-friendly logistics infrastructure by 2047.
While speaking at Logistics Shakti Summit & Awards 2024, held at Hotel Hyatt Regency in New Delhi, Lt. Gen. Dharam Vir Kalra, PVSM, AVSM (Retired), Former Director of General Ordnance Services, Indian Army, said, “Efficient supply chains are vital to business success, and strong logistics is the key to their effectiveness. Strategic investment in infrastructure is crucial, as history shows that poor logistics can be a downfall. With emerging technologies like RFID, Blockchain, and Data Analytics, aligning business and supply chain strategies is more important than ever. It’s exciting to see the logistics sector gaining the recognition it deserves, and I’m proud to be part of this evolving industry.”
Prof. (Dr.) Manoj Choudhary, Vice Chancellor, Gati Shakti Vishwavidyalaya, said, “We are committed to achieving net zero by 2030, with significant progress in infrastructure development, supported by a Rs 11 lakh crore budget allocation. Key initiatives like Vande Bharat, freight corridor expansion, and national highway development are driving economic growth. As 90% of our trade relies on maritime routes, we’re strengthening the logistics network and rapidly embracing digitalization. At Gati Shakti University, we’re preparing graduates to meet the evolving demands of this critical sector.”
Amit Shankhdhar, Founder Director, Million Minds, emphasized on how Logistics Shakti is about collaboration for achieving the Viksit Bharat Mission. “This summit prompts us to reflect on the logistics sector’s role in achieving a developed India. It celebrates the collective efforts of all stakeholders, from truckers to policymakers, emphasizing that competition drives competence. As we embark on this transformative journey, we aim to accelerate growth and innovation in logistics. Logistics Shakti is just a beginning and an initiative of IHW Media and Million Minds, but this journey has no end,” he said.
The Logistics Shakti Summit & Awards 2024 held in New Delhi, was organized by IHW Media and Million Minds Management Consultancy, and gathered industry leaders and experts to discuss innovative strategies for advancing India’s logistics sector and achieving the Viksit Bharat 2047 Mission, with a focus on current trends and digital transformation.
On the sidelines of the event, BonV Aero signed a strategic MoU with the Centre for Disaster Management Studies and Sustainability (CDDMASS).