Writing New India’s growth story with logistics efficiency
Contd from previous issue
The NLDBSL is run as a SPV (special purpose vehicle) between National Industrial Corridor Development Corporation (NICDC) and the Japanese Company, Nippon Electric Company (NEC), Limited. LDB integrates digital information available with various agencies across the supply chain to provide detailed real time information on EXIM container movement.
The platform handles 100% of India’s EXIM container volume, with the information available for consignees to access through a single portal, with a mobile app as well. Thereby, LDB provides visibility and enables big data analytics related to India’s containerized EXIM Logistics.
Since it went live in July 2016, LDB has tracked 60 million EXIM containers. With a combination of technologies related to RFID, IoT (Internet of Things) and Big Data Analytics for tracking and tracing 100% of India’s containerized EXIM cargo, LDB has integrated with major Indian ports, the busiest toll plazas, about 400 Container Freight Stations (CFS)/Inland Container Depots (ICDs) and Empty yards at Ports, with special economic zones, and even the integrated check posts on Nepal and Bangladesh borders.
Almost 3000 RFID readers have been installed by the SPV at all major routes on roads and rail, including Dedicated Freight Corridors, in order to capture the RFID data.
With the data fetched and integrated by LDB, various analytics are done, including calculation of port dwell time for containers, congestion analysis of transit movement of freight, speed analysis of container movement, performance bench- marking, transit time analysis (from Port to CFS or vice-versa), etc.
This analysis is reported on a monthly, quarterly, and annual basis and shared with all concerned line Ministries, Port authorities, terminal operators, custom agencies, and other stakeholders.
Regular analytics is in turn used by concerned agencies to identify pain points and areas requiring improvement. An analysis of data from LDB in last few years also shows improvement in container han- dling performance, evacuation of road bound containers, container speed on major highways, besides in container evacuation performance of the ICDs and CFSs. Container speed on major highways, such as on Delhi-Mumbai route and the one connecting to Mundra Port,has also improved in comparison to 2018.
Today, LDB has not only extended its services up to the Nepal and Bangladesh borders to ensure efficient cross-border trade, it also uses the maritime tracking system to track India’s EXIM containers till the international port of first call. Further, the possibility of leveraging our FTAs to integrate with similar interna- tional systems is part of our next steps so as to ensure that Export containers reach end destination in the most efficient manner, giving a boost to our trade performance.
This is just the start of a long journey in the fast lane. India’s use of innovative digital technologies for improvement of the logistics ecosystem,will further boost our speed, and, as an icing on the cake, our global logistics rankings,within the next few years. This speedwill surelyhelp lead us to our cherished goal of becoming a developed nation by 2047.
The writer is Spl Secretary to Govt of India