Sarbananda Sonowal, the Union Minister for Ports, Shipping and Waterways, recently lauded the impact of PM Gati Shakti on India’s goods export. He described it as a game-changer that has transformed the country’s export sector. PM Gati Shakti is a new initiative launched by the government that aims to enhance logistics connectivity across the country.
Improved Connectivity and Reduced Costs
According to Sonowal, PM Gati Shakti has revolutionized India’s export potential by improving connectivity and reducing costs. It has created a seamless and integrated transportation system that has enabled businesses to transport goods efficiently and quickly. The initiative has also enabled the government to create a more business-friendly environment that has attracted foreign investors.
Strengthened Infrastructure
Another area where PM Gati Shakti has made a significant impact is in infrastructure development. The initiative has focused on building and strengthening the country’s infrastructure, including roads, railways, airports, and ports. This has improved the country’s overall transportation capacity and reduced transportation costs, making it more competitive in the global market.
Reduced Transit Time and Increased Efficiency
One of the primary benefits of PM Gati Shakti is that it has reduced transit time significantly. This has enabled businesses to deliver their products to customers faster and more efficiently, which has improved customer satisfaction and increased business revenue. Additionally, the initiative has enabled businesses to optimize their supply chain and reduce inventory costs.
Promotion of E-Commerce
PM Gati Shakti has also been instrumental in promoting e-commerce in the country. The initiative has facilitated the growth of online marketplaces by improving last-mile connectivity, which has enabled businesses to reach customers in remote areas. The improved logistics connectivity has also enabled online marketplaces to expand their delivery networks and improve the speed and efficiency of deliveries.
In conclusion, PM Gati Shakti has transformed India’s goods export by creating a seamless and integrated transportation system that has improved connectivity, reduced costs, strengthened infrastructure, reduced transit time, and increased efficiency. The initiative has also been instrumental in promoting e-commerce in the country. As a result, India’s export potential has significantly improved, and the country is now more competitive in the global market.