Anamika Mishra
[Sub Editor]
Amid criticism from the sector on the slow pace of freight loading of the Indian Railways, Union Railways Minister Ashwini Vaishnaw said the ministry’s flagship cargo vision — Mission 3000 — is still on track and there will be major increases in freight volumes, going forward.
Under the mission, the government wants to achieve 3,000 million tonnes (mt) of cargo on railways by 2030.
“Mission 3000 is still very much in sight. There are projects, which when completed, bring a quantum jump in cargo. For example, when the Sonnagar-Andal quadrupling project is completed, there will be a quantum jump in loading. Similar would be the case with several other projects. This was a sector which was neglected in the past. Now, we are investing Rs 2.5 trillion every year,” Vaishnaw said at a conference in New Delhi.
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Anamika Mishra
[Sub Editor]
Strong infrastructure development through initiatives like PM Gati Shakti and National Logistics Policy will help India find a place among top 25 nations on the World Bank Logistics Performance Index by 2030, a report said.
India ranks 38th in the World Bank Logistics Performance Index (LPI) out of 139 countries and aims to be in the top 25 by 2030.
The study conducted by Global exhibitor Messe Stuttgart India in partnership with EAC International Consulting was released on Tuesday ahead the international logistics exhibition LogiMAT India 2025 which is scheduled from February 13-15 at the Bombay Exhibition Centre, Mumbai.
The report highlights that strong infrastructure development through initiatives like PM Gati Shakti and the National Logistics Policy are going to be the key drivers to achieve this (India's aim to be in top 25 by 2030 in LPI).
Explore the latest edition of Journal of Supply Chain Magazine and be part of the JOSC Daily News Bulletin.
Discover all our upcoming events and secure your tickets today.
Journal of Supply Chain is a Hansi Bakis Media brand.
