SME Times News Bureau | 17 Dec, 2019
2nd
Edition of Logix India 2019 concluded with yet another great fan following and
roaring success, offering huge opportunities for both Indian and Global
players.
The 3-day
mega event organized by the Federation of Indian Export Organisations (FIEO)
saw well over 3500 business to business meetings along with parallel sessions
on different issues, challenges and above all opportunities with regard to the
logistics sector across India and the world.
More than
120 logistics companies and their delegates from 26 countries participated at
this mega event and exchanged business prospects and opportunities to make
Indian logistics sector global.
Besides these, FIEO also signed MoUs with CAMFA, Cambodia and NAFL, UAE to
further promote commerce and trade.
Speaking at the Valedictory session of the Logix India 2019, Anant Swarup,
Joint Secretary (Logistics), Department of Commerce, Govt of India said that
India has largest network of Roads and Railways.
The
projected CAGR of logistics sector is over 10 per cent. Government’s role is to
provide infrastructure and policy support. The need of the hour is to have
end-to-end solution for cost effective and efficient logistics.
Swarup
also added that Government is working on further improving Port and Airport
efficiency, thereby improving the overall logistics sector of the country.
FIEO President Sharad Kumar Saraf in his concluding remarks said that 2nd
edition of Logix India 2019 was a major breakthrough having excelled yet again
all the expectations.
Stakeholders
from CIS Nations and Iran have shown keen interest and have played a pivotal
role in making this mega event a great success. Today, importance and need of
reducing logistics cost is the buzz word.
Further,
evolution of Supply Chain Management will help in providing door-to-door
service for all stakeholders of the sector.
Saraf also added that European model for Inland River Transport along with
development of our large coastline should be looked into for further developing
of Regional Logistic Hubs across the country.
Ajay Sahai, DG & CEO, FIEO said that 2nd edition of Logix India
2019 has provided a great networking platform for all the stakeholders
including SMEs and has given them an opportunity to know who is who of
business.
Feedbacks
and responses from both Indian and International delegation will further pave
the way for the 3rd Edition of the event that is Logix India
added Dr Sahai.