"Container visibility through the LDB crossed the one million mark at JNPT in just over three months since it was introduced in June this year in three of the port's terminals as a near real-time tracking service for EXIM containers using RFID technology across the western corridor of India," DMICDC said in a statement.
The LDB is operated by DMICDC Logistics Data Services, a joint venture of DMICDC and Japanese IT major NEC Corporation, with 50:50 equity participation.
"With over one million containers now tagged and de-tagged, the LDB project is well on the way to bringing in radical change in the Indian logistics industry providing transparency and visibility in container transportation that benefits stakeholders across industries," DMICDC CEO and Managing Director Alkesh Sharma said.
The LDB is designed to help reduce shipping lead times, inventory levels and transaction costs and improve the accuracy of production plans, he added.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
