UP tops in logistics infra developmentPM Modi-UP CM Yogi

Virendra Singh Rawat

Uttar Pradesh has reasserted its leadership in logistics by clinching the reckoning as an Achiever State in the Logistics Ease Across Different States (LEADS) 2024 rankings.

This marks the third consecutive year (2022, 2023, 2024) that UP has earned this prestigious recognition for its performance in ease of logistics infrastructure development.

Union commerce and industry minister Piyush Goyal conferred the State Achiever Award, which was received by Invest UP and state industrial development secretary Abhishek Prakash.

The award was presented at the Release of LEADS (Logistics Ease Across Different States) Report 2024 and Award Ceremony for LEAPS (Logistics Excellence, Advancements & Performance Shield) 2024, held at New Delhi.

The LEADS initiative serves as a benchmarking tool to evaluate the logistics performance of Indian states and Union territories.

The rankings assess three key dimensions viz. infrastructure, services, and the operating and regulatory environment, through both perception-based and objective indicators.

Prakash said under the dynamic leadership of chief minister Yogi Adityanath, UP has focused significantly on logistics infrastructure development as a crucial component of its endeavour to become a $trillion-economy.

He emphasised the UP State Warehousing & Logistics Policy 2022 as an important instrument in this direction.

The City Logistics Masterplan and City Masterplan have been developed to effectively implement the policy, aligning with the broader objectives of the PM Gati Shakti National Masterplan.

The policy aims to create efficient, well-connected logistics networks that reduce transportation costs, improve last-mile delivery, and support economic growth.

Through this plan, the government aims to transform UP from a landlocked to a land-linked state through an integrated approach to logistics.

The plan outlines key objectives, including the creation of a comprehensive policy framework, development of transportation infrastructure, promotion of warehousing, and the establishment of a robust logistics ecosystem.

The policy aims to boost the warehousing and logistics sector by offering incentives like capital subsidies, land-use concessions, and electricity duty exemptions.

The policy promotes private investment and PPP models for developing logistics parks, rural godowns, and cold chains, particularly in high-consumption hubs like Lucknow.

The state’s logistics hubs will be connected through roads, rail, and airways for seamless supply chains, and the Nivesh Mitra portal facilitates easy clearances and approvals for logistics projects.

High-potential zones near expressways, freight corridors, and upcoming airports are also identified for development.

Leave a Reply

Your email address will not be published. Required fields are marked *