Post-budget 2018 Reaction Anjani Mandal, Co-Founder and CEO, The Truck Network
The Department of Commerce will be developing a National Logistics Portal as a single window online marketplace to link all stakeholders.
While the complete details are not available, an online marketplace to link all stakeholders has the potential of reducing the overall logistics cost by a few percentage points for the manufacturing industry as a whole. This move would eventually result in transparency and the elimination of non-value-adding players who just use information arbitrage for keeping a disproportionate share of the freight paid by the end-customer of the service.
