In order to accentuate the logistics sector in India, the government on 19 July launched the National Logistics Excellence Awards.
The Indian logistics sector has been growing at a Compound annual growth rate of 10.5%, reaching approximately USD 215 billion in value in 2020.
Currently, Enhancing the efficiency in the logistics sector is the need of the hour.
Not only this, these awards will bring forth a library of case studies on best practices in logistics, showcased as a “Logistics Excellence Gallery” which will be hosted at the website of the Ministry of Commerce and Industry.
Logistics service providers and end-user industries doing exceptional work in the field of logistics will be featured in this gallery. Organisations will be invited to submit entries via the ministry of commerce and industry website. Shortlisted applicants will present their case to a National Jury panel, which will decide the winners.
The panel will be chaired by the Special Secretary, Logistics Division, and will comprise senior representatives from line Ministries, Logistics and Supply chain experts from leading academic and research institutions, and CXO-level professionals from user industries and service providers.
The winners of this award will be announced on 31 October 2021. Moreover, All case studies by finalists in the National Jury round will be showcased in the Logistics Excellence Gallery.