How the Union Budget 2022 Will Boost The Logistics Industry

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PM Gati Shakti National Master Plan What the
Union Budget 2022 Has in Store for Telematics
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Fact Time!
India dedicates the highest percentage i.e.
13-14 of its GDP to the logistics sector. USA,
China and Germany spend 6-7 on their logistical
growth
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The Gati of Promoting GATI SHAKTI
Union Budget 2022 promotes the logistics
industry through PM Gati Shakti National Master
Plan by proposing to Unify modes of
transportation through multi- modal
connectivity Simplify multi-modal logistics
through Unified Logistics Interface Platform
(ULIP) Extend national highway network by 25,000
kms Introduce 400 new Vande Bharat trains
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The Electric Future
The Budget promotes EVs by initiating battery
swap stations and clean zones. EVs are soon to
become common in commercial fleets due to
dropping costs and easy recharges.
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The Flying Future
5 Billion Market size is estimated for drones
soon. Drones will address last-mile deliveries
in remote and hilly areas
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Better Connections for
Better Logistics
Through 5G spectrum auctions, the fastest
networks will be available to public by
2022-2023 ?29,432 crores is set aside for laying
optical fiber in rural areas
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Technology on the Rise
The budget promotes technological growth in the
industry through ULIP It also addresses the need
for a stronger IT infrastructure.
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Will the Logistics
Industry Rise?
The logistics industry seems to have an upper
hand in this gamble
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Highlights and Key Updates
With PM Gati Shakti and other policies and money
dedicated to the logistics sector, more
investors will feel safe to invest in the
industry.
The Budgets overall emphasis on infrastructural
growth will further help the logistics industry
The emphasis on the growth of small and local
businesses will lead to more cargo
transportation requirements, further benefiting
the logistics sector
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