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100-day agenda: Commerce ministry pushes for separate logistics department

Official estimates put the size of the Indian logistics market at $100-125 billion and growing at about 5% annually

Logistics
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Megha ManchandaSubhayan Chakraborty New Delhi
In a bid to bring all regulatory powers over the logistics sector under its wing, the commerce and industry ministry has pushed for the creation of a separate department for logistics.

Submitted to the Cabinet, the proposal is part of the ministry’s 100-day agenda, and has the support of the Prime Minister’s Office (PMO), sources said. However, the move may find opposition from other ministries such as road transport and shipping, if they feel their marquee schemes are being handed over to another ministry.

Case in point, the series of logistics parks envisaged under the broader Bharatmala scheme of the road transport