On May 4, 2017, Minister of Road Transport and Highways Mr. Nitin Gadkari inaugurated the first ever India Integrated Transport and Logistics Summit (IITLS) in New Delhi. This three-day summit has been organised by Ministry of Road Transport and Highways.
- IITLS as attended by nearly 3000 delegates from India and abroad. Delegates from World Bank and Asian Development Bank were also present at the summit.
- Earlier on May 3, 2017, Mr. Gadkari inaugurated two exhibitions, ‘The Highway Saga: Past Present & Future’ and ‘Safe Road & Inter State Highways Transforming India (SRISHTI)’ at the Vigyan Bhawan Lawns in New Delhi which were organised as a part of IITLS.
Objective of India Integrated Transport and Logistics Summit (IITLS):
Objective of IITLS is to serve as a platform for bringing together stakeholders in transport and logistics sector, so that they can collaborate and explore mutually beneficial opportunities in logistic parks, freight corridors and IT solutions. The summit will enable various ministries viz. Road Transport & Highways, Shipping, Commerce, Railways, Consumer Affairs, Urban Development, Finance, Food and Public Distribution, Civil Aviation, Skill Development and other state governments to jointly deliberate upon measures required to develop multimodal infrastructure in India.
Four key solution themes to improve the state of logistics in India:
As per a study called the Logistics Efficiency Enhancement Programme (LEEP) undertaken by Ministry of Road Transport and Highways (MoRTH) following four themes have been identified:
- Seamless interstate movement
- Freight corridor upgradation
- Logistics park development
- Electronic toll collection systems.
34 MoUs worth Rs 2 lakh crorer signed at India Integrated Transport & Logistics Summit
On the first day itself, 34 MoUs worth Rs 2 lakh crore were signed at India Integrated Transport & Logistics Summit.
MoUs for investments in following areas were signed at IITLS:
- Port connectivity and Integrated Check Posts in the states of Bihar, Uttarakhand, Uttar Pradesh, West Bengal, Manipur.
- Development of logistics parks in Telangana, Andhra Pradesh, Karnataka, Madhya Pradesh, Assam, Gujarat and Mizoram.
- Development and furthering of multi-modal logistics parks in Mumbai, Bengaluru and Haryana.
- Access to land port in Tripura, Assam and Mizoram
- Implementation of 79 port connectivity projects under Sagarmala.
- Development of port roads to Chennai and Vishakhapatnam ports.
Some MoUs were signed among Government agencies whereas other were signed between Government agencies and private companies as well as among private companies.