Thursday, Apr 25 2019 | Time 06:02 Hrs(IST)
image
  • Facebook admits Cambridge Analytica scandal cost up to $5Bln in US penalties - Statement
  • Pompeo says 'every indication' Sri Lanka terror attacks at least inspired by Islamic State
  • US Navy to christen new guided missile destroyer on Saturday - Pentagon
  • Shivraj slams Nath on transfers’ issue
  • Shivraj slams Nath on transfers’ issue
  • Algerian supreme court to try former energy minister over corruption charges
  • AB de villliers scores match winning unbeaten 82 in RCB's 17 runs win against KXIP
  • Death toll of clashes in Libya's capital rises to 272: WHO
  • Kenyan court finds Briton guilty of possessing bomb-making materials
  • Ajay Singh’s indecent comment against Riti Pathak
  • Ajay Singh’s indecent comment against Riti Pathak
Business Economy


World Bank to conduct workshop to address logistics issues in India

World Bank to conduct workshop to address logistics issues in India

New Delhi, July 13 (UNI) Ministry of Commerce and Industry and the World Bank will conduct a workshop to identify specific interventions required to streamline logistics in the country with an aim to integrate Indian products into global value chains.

The decision was taken at a meeting between Commerce Minister Suresh Prabhu with a World Bank team here on Thursday. The World Bank team was led by Regional Integration and Investment Climate Director of Trade Caroline Freund and Country Director for the World Bank in India Junaid Ahmad.

During the meeting , discussions were held to explore ways to strengthen World Bank support towards India's development with collaboration in specific areas of trade, logistics and investment, an official statement said.

Mr Prabhu briefed the World Bank team about the work being done by the Commerce Ministry for developing a National Integrated Logistic Policy (NILP).

He said the Policy will focus on increasing the capacity of storage and warehousing and other value added services. Multimodal logistics parks, integrating various transportation modes, are also being developed right up to the district level, he said.

The Minister also highlighted the work being done by the Ministry towards identifying specific products and markets to increase India's exports by $ 100 bn.

He underlined the need for understanding product specific supply chains for India to integrate effectively into global supply chains. The (NILP) will reduce the cost of goods and make Indian product more competitive.

UNI JPG ADG 1627

More News

India’s first video-biodata matrimonial portal Dil Ke Rishte' launched in Hyd

24 Apr 2019 | 8:47 PM

Hyderabad, Apr 24 (UNI) 'Dil Ke Rishte', India’s first video-bio data matrimonial portal, promoted by Jaipur-based Adidev Entertainment Private Limited,was launched here on Wednesday by offering free registrations for 3-months.

see more..

Schneider Electric launches customisable, IoT enabled smart switches in India

24 Apr 2019 | 8:33 PM

Hyderabad, Apr 24 (UNI) Schneider Electric, the leader in digital transformation of energy management and automation, on Wednesday launched three new wiring devices range – Clipsal X, UNICA Pure and Avatar ON.

see more..

Waterless tech based products company to set up plant in Telangana

24 Apr 2019 | 8:02 PM

Hyderabad, Apr 24 (UNI) Delhi-based Clensta, which is producing waterless technology based products, on Wednesday announced that it would set up its second plant in Telangana in the country with an investment of five million US dollars.

see more..

GoAir announces two more flights from Ahmedabad to Mumbai

24 Apr 2019 | 7:52 PM

Ahmedabad, Apr 24 (UNI) Private Airliner GoAir on Wednesday announced two more flights from Ahmedabad to Mumbai.

see more..

Taiwan Expo from May 16

24 Apr 2019 | 7:00 PM

New Delhi, Apr 24 (UNI) With the aim to increase trade relations with India and attract Indian tourists, Taiwan will organise a trade fair from May 16 which will see the participation of industrialists, businessmen and government department officials of the island country.

see more..
image