A- A A+
Last Updated : Sep 21 2019 1:09AM     Screen Reader Access
News Highlights
Many pressing challenges before international community require stronger global commitment: PM            PM Modi embarks on seven-day US visit tonight            Govt cuts corporate tax rate for domestic investors            World Wrestling C'ships: Bajrang Punia wins bronze medal            Boxing: Amit Panghal becomes first Indian to enter World Men's C'ship finals           

Business News

Nov 27, 2018
3:04PM

Logistics is a key component and backbone of international and domestic trade says Suresh Prabhu

NSD Logo
Commerce and Industry Minister Suresh Prabhu today said logistics is a key component and backbone of international and domestic trade. He said this while giving the keynote speech at the curtain raiser on Logix India 2019. 
 
The event, to be held from 31st January to 2nd February, will focus on challenging markets with India's trade potential. Mr Prabhu stressed on the need to diversify the country's exports basket and diversify in terms of products and geography. He said India has the potential to export more to Central Asia, SAARC, West Asia and ASEAN. 
 
Our correspondent reports the logistics sector in India remains unorganised to a large extent. The industry is facing challenges such as the high cost of logistics impacting competitiveness in the domestic and global market. High logistics cost reduces the competitiveness of Indian goods both in domestic as well as export market. In November 2017, the government granted infrastructure status to the logistics sector.

Live Twitter Feed

Listen News

Morning News 20 (Sep) Midday News 20 (Sep) News at Nine 20 (Sep) Hourly 20 (Sep) (2300hrs)
समाचार प्रभात 20 (Sep) दोपहर समाचार 20 (Sep) समाचार संध्या 20 (Sep) प्रति घंटा समाचार 20 (Sep) (2305hrs)
Khabarnama (Mor) 20 (Sep) Khabrein(Day) 20 (Sep) Khabrein(Eve) 20 (Sep)
Aaj Savere 20 (Sep) Parikrama 20 (Sep)

Listen Programs

Market Mantra 20 (Sep) Samayki 20 (Sep) Sports Scan 20 (Sep) Spotlight/News Analysis 20 (Sep) Samachar Darshan 20 (Sep) Radio Newsreel 19 (Sep)
    Public Speak

    Country wide 19 (Sep) Surkhiyon Mein 19 (Sep) Charcha Ka Vishai Ha 18 (Sep) Vaad-Samvaad 3 (Sep) Money Talk 3 (Sep) Current Affairs 20 (Sep)