Effective rules for logistic development to cease business of PSUs: ASSOCHAM

New Delhi, Sept. 7 : As per a study conducted by ASSOCHAM, there is a need to improve operational efficiency of ease of doing business index. India needs to develop its logistics services in the organised sector that would require apt PPP models. Models based on pricing policies to attract the private sector will be the most beneficial.

In order to compete with the global market, the country needs to implement integrated multi-modal logistic parks that are accredited with efficient stores, retrieves, pack and ship products across the country’s manufacturing and distribution locations.

Organized logistics facilities in India are still developing primarily in the form of container freight stations, container depots, mega-food processing parks and free trade warehousing zones.

CONCOR is one of the few operators with dominant market share. It deals with the significant entry barriers in terms of regulatory barriers and large upfront container train operations.

In India the Government is also the owner of huge tracts of land, which has a bearing on land prices. In addition to this, the government, through its corporate entities is also the leading dry port service provider and warehouse owner. (ANI)