G-21VCE8Y34V

India’s Budget 2025: A Defining Moment for Logistics Infrastructure and Trade Competitiveness

As anticipation builds around Budget 2025, industry leaders and policymakers are keenly watching for strategic measures that will shape the future of India’s logistics and air cargo sector. With air freight playing a pivotal role in driving trade efficiency and economic growth, the upcoming budget presents a critical opportunity to enhance infrastructure, streamline regulations, and bolster India’s global competitiveness. The logistics sector is looking for decisive policy measures and increased capital outlay to modernise infrastructure, streamline freight movement, and enhance global trade competitiveness. Industry leaders, including DP World, emphasise that strategic investments in multimodal connectivity, digitalisation, and sustainability will be crucial in positioning India as a leading global logistics hub.

Rizwan Soomar, Chief Executive Officer and Managing Director, DP World Middle East, North Africa, and India Subcontinent, underscored the direct correlation between logistics infrastructure investment and trade growth by stating that, “Investments in logistics infrastructure have a direct impact on the growth of trade. Further, an increase in capital expenditure focused on a multimodal transport ecosystem, modernising physical, digital, and social infrastructure will help enhance India’s connectivity to emerging and mature markets.”

Multimodal transport

The efficiency of India’s logistics sector hinges on the development of a robust multimodal transport network that seamlessly integrates rail, road, air, and sea freight. The…

CONTINUE READING THE ARTICLE FROM Air Cargo Week HERE

Comments are closed, but trackbacks and pingbacks are open.