Question : Logistics Sector

(a) whether the investment in logistics sector is expected to reach 500 billion dollar by the year 2025;
(b) if so, the details of the steps taken by the Government to meet the said target so far;
(c) whether the Government is planning to formulate a National Logistics Policy and Multi-modal logistics policy;
(d) if so, the details of the topics under priority on the basis of which the Government is going to formulate a National Logistics Policy and multi-modal logistics policy; and
(e) the details of the works done by the Government to strengthen the supply chain and logistics management in the existing global environment during the last three years?

THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE AND INDUSTRY
(SHRI C. R. CHAUDHARY)

(a) There is no study in the knowledge of the Government that suggests logistics sector in India will get the investment of US$ 500 billion by the year 2025.

(b) Does not arise.

(c, d & e) Improving logistics efficiency is a continuous and ongoing process. The Government regularly reviews and removes the bottlenecks. The National Logistics Policy & The Multimodal Logistics Park Policy will promote inter-modality and bring in greater efficiency through asset and cost optimisation.
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