Federation of Indian Export Organisations (FIEO) President Ganesh Kumar Gupta has expressed hopes that the new online National Logistics Portal (NLP) and forthcoming national policy would help boost India’s export growth. He also said that the sector assumes significance as reduction in logistics cost and time would help promote competitiveness of domestic products in global markets.
FIEO president has stated that the draft comprehensive logistics policy and portal, which will be unveiled soon, will add to furtherance and efficiency of the logistics industry in the country. He noted that logistics plays a key role in boosting exports.
Gupta further informed that over 130 logistics companies and their delegates from 27 countries exchanged business prospects and opportunities to make Indian logistics sector global. Besides, he said that FIEO also signed MoUs with Ceylon National Chamber of Industries and Kabul Chamber of Commerce and Industries to further promote commerce and trade.