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  Published Paper Details:

  Paper Title

"Role of Supply Chain in Making India beyond US$ 5 Trillian economy by 2025"

  Authors

  Dr. Suresh Kumar Sharma

  Keywords

Compelling, Make in India Manufacturing power house, Infrastructure, Numerous, Obstacles.

  Abstract


Never before has the role of the logistics/Supply chain industry in India's economic growth been more compelling. Given that the government has established several programmes like "Make in India," a strong logistics industry may significantly aid India's efforts to become a global manufacturing powerhouse. Companies all around the world are starting to view the world as a single production base as well as a market that a vibrant logistics industry can effectively enter. The government's increased projected spending, better infrastructure, and wider access to international markets have all contributed to the industry's recent rapid rise. However, given the numerous obstacles that continue to engulf the industry, our services have not fully seized the chance in the worldwide market. Building a stronger logistics network across the nation is the goal for the upcoming years. India wants to unleash the potential of the sector required to drive economic growth through better infrastructure design, more stakeholder cooperation, and improved operational efficiency. Many conferences were organized by Professional Institutes, Chambers of commerce in last two years. Objectives of the conference were to identify the major issues impeding the development of the logistics industry; b) discuss and consider potential solutions, such as integrated end-to-end logistics and the adoption of digital technologies; and c) examine the feasibility of enacting a comprehensive national logistics policy. The issues that the nation's logistics industry faces are discussed at the outset of the study. The convergence of the value chain in logistics and the deployment of digital technology are two key strategies for addressing these concerns, and they are woven together within the broad paradigm of a National Logistics Policy in the sections that follow.

  IJCRT's Publication Details

  Unique Identification Number - IJCRT2407514

  Paper ID - 265876

  Page Number(s) - e430-e435

  Pubished in - Volume 12 | Issue 7 | July 2024

  DOI (Digital Object Identifier) -   

  Publisher Name - IJCRT | www.ijcrt.org | ISSN : 2320-2882

  E-ISSN Number - 2320-2882

  Cite this article

  Dr. Suresh Kumar Sharma,   ""Role of Supply Chain in Making India beyond US$ 5 Trillian economy by 2025"", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.12, Issue 7, pp.e430-e435, July 2024, Available at :http://www.ijcrt.org/papers/IJCRT2407514.pdf

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ISSN: 2320-2882
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ISSN and 7.97 Impact Factor Details


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ISSN
ISSN: 2320-2882
Impact Factor: 7.97 and ISSN APPROVED
Journal Starting Year (ESTD) : 2013
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