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.
Tags: Logistics, ICP, India, Tripura, Trade Facilitation
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.
Tags: ADB, India, Economic corridor, Investments, manufacturing, Logistics
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.
Tags: Gati Shakti, India, Infrastructure, Logistics
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.
Tags: Logistics, Regional Cooperation, South Asia, Supply Chains, India
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.
Tags: Inland waterways, India, Nepal, Trade Facilitation, Logistics
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.
Tags: Connectivity, Transport, BIMSTEC, Aviation, Logistics
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.
Tags: India, Nepal, Trade Facilitation, Rail, Logistics
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.
Tags: India, Myanmar, Thailand, SASEC, Road, Logistics