National Logistics Policy to benefit customers, says Flipkart

By

Maverick Martins

Published
Sep 20, 2022

E-commerce giant Flipkart has said that the newly launched ‘National Logistics Policy’ will benefit the customers by making the products on the platform available to them at a lower cost due to reduction in logistics expenses.

India’s Prime Minister Narendra Modi had recently launched the ‘National Logistics Policy’ that seeks to address challenges facing the transport sector and bring down the logistics cost of businesses from 13-14% to a single digit.

Commenting on the new policy, Rajneesh Kumar, Flipkart Group’s chief corporate affairs officer in a statement said, “The National Logistics Policy is a welcome move and this along with the PM Gati Shakti plan will help build a more resilient logistics ecosystem in the country. Along with improving efficiency across the value chain, it will also result in a considerable reduction in logistics costs from their present level, thereby benefiting the end customer with lower costs.”

“E-commerce companies have passionately gone about using technology to strengthen the logistics sector and also launching warehouses and sortation centres through the length and breadth of the country, getting a fair price to landowners while boosting demand for ancillary services like packaging, security and canteen as well as truckers," Kumar added.

The government's latest policy aims to reduce India’s logistics cost to be comparable to global benchmarks by 2030 and aiming to be among the top 25 countries by 2030 in the logistics performance index.