India’s ambition to become Viksit Bharat, a developed and self-reliant nation, depends on economic growth, industrial expansion, and digital transformation. A strong, interactive, and tech-driven supply chain ecosystem is the backbone of this progress, ensuring seamless logistics, lower costs, and faster delivery across key sectors.
Why Supply Chains Hold the Key to India’s Future
A smart supply chain powers industrial development, reduces operational costs, and boosts India’s global competitiveness. To transform into a $5 trillion economy, India must integrate AI-driven logistics, real-time tracking, and automated supply chain networks across these crucial sectors:
1. Agriculture: Solving India’s ₹92,651 Crore Post-Harvest Losses
Agriculture contributes 18% to India’s GDP but faces massive inefficiencies, leading to food wastage worth ₹92,651 crore annually. By implementing real-time supply chain tracking, farm-to-market digital platforms, and AI-powered inventory management, India can reduce losses, increase farmer incomes, and stabilize food prices.
2. Manufacturing: Supercharging ‘Make in India’ for 25% GDP Contribution
For India’s manufacturing sector to hit 25% of GDP, supply chains must integrate IoT-driven warehouses, predictive analytics for raw materials, and automated logistics solutions. Smart factories and AI-powered procurement will cut costs and improve efficiency.
3. Healthcare: Building Resilient Medical Supply Chains Post-Pandemic
The COVID-19 pandemic exposed supply chain weaknesses in healthcare. To prevent future crises, India must develop a centralized medical logistics network, ensuring faster production, real-time tracking, and AI-driven distribution of essential medicines, vaccines, and hospital supplies.
4. Energy: Powering India’s Transition to Green & Renewable Sources
With rising energy demands, India must optimize supply chains in coal, oil, and renewables. Smart supply chain solutions can prevent disruptions, manage fluctuating demand, and accelerate the transition to green energy through real-time monitoring and AI-powered logistics.
5. Semiconductor Industry: Strengthening India’s Global Role
India’s strategic position in the Indo-Pacific Economic Framework Supply Chain Council and QUAD Semiconductor Supply Chain Initiative highlights its growing influence in chip manufacturing. Investing in AI-driven semiconductor logistics and localized production units can establish India as a global semiconductor hub.
India’s Logistics Boom: A $385 Billion Market with Big Challenges
India’s logistics sector is set to hit $385 billion by 2025, growing at a 10-12% CAGR. However, high logistics costs (14-16% of GDP) vs. the global average (8-10%) pose a challenge. The main culprits? Fragmented supply chains, outdated infrastructure, and lack of AI-driven coordination.
Key Challenges Hindering Growth:
Outdated Warehousing & Cold Storage Facilities → Causes product loss and inefficiency.
Poor Transportation & Connectivity → Slows deliveries, increases costs.
Lack of AI & Data-Driven Logistics → Prevents real-time tracking & predictive analytics.
The Future: India’s Smart Supply Chain Revolution
To achieve Viksit Bharat, India must embrace:
AI-powered logistics & automation for seamless movement.
Blockchain-enabled transparency to eliminate inefficiencies.
Smart warehousing & cold storage to cut post-harvest losses.
Integrated digital supply chains for agriculture, manufacturing, healthcare, and energy.
A tech-driven, cost-efficient supply chain will drive India towards a $5 trillion economy!
Want to know how India is transforming its supply chain? Stay tuned for expert insights!
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Ten video-conferencing cabins were set up at the Calcutta High Court circuit bench at Port Blair, making it the first circuit bench in the country to be equipped with such a facility. The sound-proof cabins were virtually inaugurated by Calcutta HC Chief Justice T S Sivagnanam in the presence of Justice Sabyasachi Bhattacharyya, Justice Raja Basu Chowdhury, Justice Madhuresh Prasad and Justice Supratim Bhattacharya.
"It's the first of its
kind in the country where a circuit bench has 10 VC cabins located in the same court complex," the CJ said during the inauguration. An official pointed out that the facility was a step towards the optimum use of technology by the judiciary to ensure justice was accessible to people in a timely manner.
The cabins will not only help advocates who wish to appear before the Calcutta HC, Supreme Court and other high courts virtually, but will also be effective for litigants who wish to appear in person but cannot afford to travel to Kolkata or Delhi. "Litigants who want to appear in person may not have the facility at home. When they travel to Port Blair, they can use this facility or be present beside the advocate representing them," the Chief Justice said.
CJ Sivagnanam further pointed out that advocates practising in Port Blair would no longer have to travel to Kolkata to appear for their cases. If the person was to appear virtually, they would rush back from the court complex to their chamber or appear sitting in their car. With the new facility, they can now appear comfortably from the VC cabin, which is also equipped with high-speed internet.
The CJ said that during the Covid pandemic, people, especially those living on islands, suffered as life had come to a virtual standstill. During the devastating period, the Calcutta HC kept their gateway open for advocates and litigants to approach the high court through virtual mode to ensure justice was neither delayed nor denied.
The proposal for these cabins took some time, the Chief Justice said, but ultimately became a reality with the Andaman and Nicobar administration sanctioning more than Rs 36 lakh for it. CJ Sivagnanam compared the services to ones existing in the Supreme Court and other high courts, like Madras HC. "At Madras HC, the bar association built cabins, but the advocates had to pay a nominal amount to use them," he said.
Explore the latest edition of Journal of Supply Chain Magazine and be part of the JOSC Daily News Bulletin.
Discover all our upcoming events and secure your tickets today.
Journal of Supply Chain is a Hansi Bakis Media brand.