The Indian government is actively working to reduce regulatory hurdles in the logistics sector to improve the ease of doing business and attract greater investment, a senior official said on Thursday.
Speaking at an industry event, Pankaj Kumar, Joint Secretary at the Department for Promotion of Industry and Internal Trade (DPIIT), emphasized ongoing efforts to enhance data accessibility for private stakeholders through the PM Gati Shakti platform. “We are working to further reduce the regulatory issues in the logistics sector to enhance ease of doing business and attract more investments,” he stated.
Kumar noted that India’s vast and diverse geography presents unique challenges, making efficient logistics critical for both emergency services and business operations. “You can get groceries delivered in 10 minutes, but not reach a hospital in that time,” he remarked, highlighting the urgent need for improved infrastructure.
He also stressed that achieving the government’s logistics targets will require active collaboration between the public and private sectors. “The government alone cannot do it. Industry stakeholders must come forward,” Kumar added.
Also speaking at the event, Warehousing Development and Regulatory Authority (WDRA) Chairperson Anita Praveen pointed to significant progress in streamlining warehouse licensing. “The licensing process is being simplified and accelerated to enable quicker approvals and promote ease of doing business,” she said.
These efforts align with broader national policies, including the PM Gati Shakti initiative and the National Logistics Policy, aimed at making India a more competitive and investment-friendly destination.
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Yusen Logistics has officially launched Yusen Logistics Global Management Co., Ltd. (YLGM), signaling a transformative shift in its organizational structure aimed at fostering sustainable growth and global leadership in supply chain logistics.
The inauguration ceremony, held at YLGM’s Tokyo headquarters, marked a significant milestone for the Yusen Logistics Group. CEO Hiroki Harada addressed employees, emphasizing that 2025 will be a pivotal year. “With the launch of YLGM and the formulation of our next medium-term management plan, our theme for this year is ‘growth,’” he stated. “Our strength lies in our people and our global network. Let’s continue to build strong partnerships worldwide, take on new challenges, and drive the Group’s growth forward.”
Positioned as the strategic nerve center of the Yusen Logistics Group, YLGM will lead global operations planning and management. The company has adopted English as its official language and is operated by a diverse team of international executives. Grounded in the principles of Diversity, Equity, and Inclusion (DEI), YLGM is committed to fostering an inclusive culture that values individual contributions and ensures unbiased decision-making.
The launch aligns with the NYK Group’s “CX Story” vision of becoming “A Global Company Headquartered in Japan.” As Yusen Logistics enters the final phase of its “TRANSFORM 2025” initiative, YLGM will spearhead the development of the Group’s next medium-term management plan, focused on Business Transformation as the cornerstone for future strategy.
Through this strategic evolution, Yusen Logistics aims to strengthen its position as the preferred logistics partner globally, delivering unmatched value to customers and stakeholders while navigating the dynamic global supply chain landscape.
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Journal of Supply Chain is a Hansi Bakis Media brand.