West Bengal’s logistics policy ready: Amit Mitra

By: |
August 08, 2020 5:07 PM

Speaking at a webinar organised by the Confederation of Indian Industry (CII), he said the policy will try to integrate the fragmented logistics sector of the state and also drive in efficiency.

"The policy on the logistics sector is ready and we will seek inputs from the industry. The logistics sector is very important since it creates huge employment opportunities," Mitra said.“The policy on the logistics sector is ready and we will seek inputs from the industry. The logistics sector is very important since it creates huge employment opportunities,” Mitra said. (File image)

West Bengal Finance Minister Amit Mitra said on Saturday that the state is ready with a logistics policy and will soon seek feedback from the industry. Speaking at a webinar organised by the Confederation of Indian Industry (CII), he said the policy will try to integrate the fragmented logistics sector of the state and also drive in efficiency.

“The policy on the logistics sector is ready and we will seek inputs from the industry. The logistics sector is very important since it creates huge employment opportunities,” Mitra said.

The policy will broadly deal with areas like creating last-mile connectivity, fostering technology adoption and building logistics skill sets, he added. West Bengal is uniquely poised in its positioning as it has the advantage of multimodal logistics capabilities such as water, roads and railways, Mitra said. The size of the state’s logistics market is USD 20 billion, which makes it an attractive proposition for businesses, he said.

The consumer base in Kolkata alone is 14 million, the minister said. He said the government is promoting logistics hubs in Siliguri, Malda, Tajpur and Durgapur. Some of the focus sectors are tea, chemicals and petrochemicals, food processing, renewable energy and jute products. The state is also part of international corridors like BBIN, BCIM and BIMSTEC, he said.

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, Check out latest IPO News, Best Performing IPOs, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1Post-pandemic world demands major skilling of workforce: RBI governor Shaktikanta Das
2Former CAG Vinod Rai fails to secure second term at IDFC
3Know your customer: The fast lane to digital adoption