This Independence Day - Discover various notable schemes & initiatives by the Gov of India in the Logistics & Supply Chain Landscape:

Sagarmala Programme :

To enhance the performance of India’s logistics sector by modernizing port infrastructure, improving connectivity, and promoting port-led industrialization.

Key Features:

• New Port Development: Establishment of new ports to handle the growing maritime trade.
• Port Modernization: Upgrading existing ports to increase efficiency and reduce turnaround times.
• Connectivity Enhancement: Developing better road, rail, and waterway links between ports and hinterlands.
• Coastal Economic Zones (CEZs): Creation of CEZs to spur industrial growth and job creation in coastal areas.

Cold Chain Development Scheme under MIDH (Mission for Integrated Development of Horticulture):

To establish integrated cold chain and preservation infrastructure to reduce post-harvest losses and ensure the quality of perishable commodities.

Key Features:

• Financial Assistance: Government funding for setting up cold storage units, ripening chambers, and refrigerated transportation.
• Integrated Infrastructure: Encouraging the development of end-to-end cold chain solutions from farm to market.
• Focus on Perishables: Targeted support for key sectors including horticulture, dairy, meat, and fisheries.

TIES (Trade Infrastructure for Export Scheme)?

To assist in the creation of appropriate infrastructure for the growth of exports, which includes logistics and warehousing facilities.

Key Features:

• Infrastructure Development: Funding for the establishment of export-related infrastructure like testing labs, certification centers, and integrated logistic hubs.
• Public-Private Partnership (PPP): Encouraging collaboration between the government and private sector to enhance export logistics.
• Focus on Export Quality: Development of facilities that ensure the quality of export goods meets international standards.

EPCG (Export Promotion Capital Goods) Scheme:

To facilitate the import of capital goods for production, pre-production, and post-production at zero customs duty, aiming to improve the competitiveness of Indian exports.

Key Features:

• Duty-Free Imports: Exporters can import machinery and equipment without paying customs duties, provided they meet an export obligation equivalent to six times the duty saved.
• Flexibility: The scheme offers flexibility in meeting export obligations over a six-year period.
• Technology Upgradation: Encourages the adoption of modern technologies to enhance production efficiency and product quality.

Free Trade Warehousing Zones (FTWZs):

To create an international trading hub by providing world-class infrastructure for warehousing, logistics, and handling of goods meant for re-export.

Key Features:

• Duty-Free Imports: Goods can be imported duty-free for warehousing, repackaging, labeling, and re-export, facilitating efficient supply chain management.
• Advanced Infrastructure: FTWZs provide state-of-the-art facilities including bonded warehouses, container freight stations, and specialized storage.
• Global Trade Facilitation: FTWZs are designed to support global trade by offering seamless logistics and reducing the turnaround time for exports.

The Government of India’s initiatives in the logistics and supply chain sector are laying the groundwork for a robust and globally competitive economy. These schemes not only improve infrastructure but also provide the necessary support for businesses to thrive in international markets. Stay tuned for more insights into India's evolving logistics landscape in our upcoming editions.

Unleash supply chain excellence & achieve the full potential of these government schemes by partnering with Stockarea, your trusted provider for end-to-end supply chain operations. Whether you’re looking to enhance your export capabilities, streamline cold chain logistics, or leverage world-class infrastructure like FTWZs, Stockarea is here to help. With our expertise, you can navigate these initiatives effortlessly and achieve supply chain excellence.

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