Infrastructure | R. Dinesh: Building a logistics speedway
As India charts its course towards becoming a global economic powerhouse, the logistics sector emerges as a critical driver of this ambition. The efficient movement of goods and services across the country and beyond its borders is not merely a facilitator of economic growth but a fundamental catalyst. To truly unlock its potential and achieve the status of a ‘Viksit Bharat’ by 2047, India will have to continue its logistics revolution by focusing on four key areas—continuing the focus on infrastructure development, outsourcing and development of 3PL and 4PL service providers (3PL or third-party logistics manages tasks like transportation, warehousing and order fulfillment for businesses, and 4PL or fourth-party logistics oversees the entire supply chain, coordinating multiple 3PLs and pro...