September 2023 Pristine Logistics & Infraprojects of India, a rail terminal operator, has entered a joint venture with Summit Alliance Port of Bangladesh, which handles over 25% of export cargo and 15% of import cargo of Bangladesh’s containerized volume. Read More Tags: Bangladesh, India, Logistics, Trade Facilitation |
May 2023 Construction of the mega dry port at Pasakha, Phuentsholing, is on track, amid challenges faced during the COVID-19 pandemic. Work on the dry port began in 2020 and has achieved almost 45% completion. The aim is to complete the dry port by mid-2026. Read More Tags: Trade Facilitation, Bhutan, Logistics |
May 2023 Mr. Shixin Chen, Vice-President for South Asia and Central and West Asia at ADB, spoke at the SASEC knowledge event entitled "Green, Efficient, and Resilient Logistics for Sustainable Growth," which was attended by policymakers from SASEC countries. Read More Tags: South Asia, ADB, SASEC, Logistics |
April 2023 India's National Logistics Policy was launched in September 2022 to reduce logistics cost in the country by facilitating seamless movement of goods. Various sectors–such as agriculture, commodities, and e-commerce–are projected to benefit from the policy. Read More Tags: India, Value Chains, Logistics |
July 2022 The potential of the Siliguri corridor and its surroundings to be developed as a logistics hub for India’s northeastern region, and Bangladesh, Bhutan, and Nepal, was emphasized by the CII at Logi Connect 2022. Developing Siliguri as a logistic hub would facilitate movement of goods to other states of India and its neighboring countries. Read More Tags: Logistics, Act East Policy, Trade Facilitation, Transport, Transit, Bangladesh, Bhutan, India, Nepal |
March 2022 The Land Ports Authority of India aims to establish an Integrated Check Post (ICP) in Sabroom (India) by the end of 2022. This ICP is envisioned to facilitate seamless trade and people-to-people movement with Bangladesh. Sabroom is a border town in the South Tripura district. Read More Tags: Logistics, ICP, India, Tripura, Trade Facilitation |
December 2021 ADB and the Government of India signed a loan agreement for the Industrial Corridor Development Program (Subprogram 1). Under the Program, ADB will lend $250 million (about Rs 1,872 crore) support to India. Mr. Rajat Kumar Mishra, Additional Secretary, Ministry of Finance, signed on behalf of the Government of India, and Mr. Takeo Konishi, Country Director of ADB India Resident Mission, signed on behalf of ADB. Read More Tags: ADB, India, Economic corridor, Investments, manufacturing, Logistics |
October 2021 The Government of India, led by India Prime Minister Narendra Modi, launched the “Gati Shakti—National Masterplan for Multimodal Connectivity”. Gati Shakti brings together 16 ministries for integrated planning and coordinated implementation of infrastructure connectivity projects. Read More Tags: Gati Shakti, India, Infrastructure, Logistics |
June 2020 An analysis on the Hindustan Times makes a case for building resilient supply chains in South Asia. The article proposes that, with the outbreak of the coronavirus disease (COVID-19), “there will be a decline in globalization and relative strengthening of regional supply chains. Geography will assume an important role in supply chains.” It further mentions that the region’s economies and South Asia’s SMEs stand to benefit from a stronger regional supply chain. Read More Tags: Logistics, Regional Cooperation, South Asia, Supply Chains, India |
February 2020 Inland waterways is an important pillar of ‘Arth-Ganga,’ a project that aims to channelize economic activity along the banks of Ganga River to promote inclusive growth for India and generate enormous employment opportunities. The project is being implemented by the Ministry of Shipping of the Government of India. Read More Tags: Inland waterways, India, Nepal, Trade Facilitation, Logistics |
August 2018 Foreign Ministers of BIMSTEC member countries approved in principle around
167 projects to improve connectivity in the region. The projects, detailed
in a study by the Asian Development Bank, are worth an estimated $50
billion. It includes transportation and cross-border facilitation,
multimodal transport and logistics, infrastructure development, aviation,
maritime transport, human resources development, communication linkages, and
networking in the region. Read More Tags: Connectivity, Transport, BIMSTEC, Aviation, Logistics |
August 2018 The Nepal Intermodal Transport Development Board (NITDB) is upgrading the inland container depot in Birgunj, Nepal, to give it the capacity to handle dusty cargo, such as cement clinker and fly ash. NITDB is also planning to develop railway tracks to be linked directly to the new warehouses. Read More Tags: India, Nepal, Trade Facilitation, Rail, Logistics |
August 2018 The author highlights how fast-paced infrastructure development could help unlock competencies of India’s northeast region. With the Government of India's focus on promoting the northeastern region as a key trade gateway, projects such as the 1,400 kilometer India-Myanmar-Thailand highway and the SASEC Road Connectivity project, promises to boost the country's trade and commerce, and enhance India’s logistics capabilities. Read More Tags: India, Myanmar, Thailand, SASEC, Road, Logistics |