Signing of MoU between Department of Commerce and CII for setting-up an institutional mechanism for the development of Logistics sector in the country
The commerce and industry ministry is working on a national integrated logistics policy which will focus on increasing the warehousing capacity, an official statement said.
The minister also informed the team that work is being done towards identifying specific products and markets to increase India's exports by USD 100 billion.
"The policy will reduce the cost of goods and make Indian product more competitive," Prabhu said.
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