India Integrated Transport Summit signed MoUs Worth Rs 2 Lakh Crores
Posted on:06 May 2017 11:53:27
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06 May 2017 Current Affairs:
Thirty-four Memorandum of Understanding (MoU) amounting about Rs 2 lakh crores were signed in the three-day India Integrated Transport and Logistics Summit that was concluded in New Delhi.
Minister of Road Transport & Highways and Shipping Shri Nitin Gadkari set an urgent need to bring down logistics cost in the country to globally comparable rates.
The Summit was attended by around 3000 delegates from India and abroad, which included central and state government organizations , international organizations like World Bank and ADB, delegates, global transport and supply chain experts and representatives of private companies.
The sessions focused on six major themes that included Multi Modal Logistics Parks, New developments in Urban Transportation, Freight Corridors for Economic Development, Supply Chain Transformation- Storage Innovations, GST and Role of Digitization for Decongestion and Standards and Skills for Logistics.
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