Mumbai November 22, 2017:Jawaharlal Nehru Port Trust (JNPT) participated in “Building Warehousing Competitiveness 2017” conference organised by CII with the theme of “Emergence of Science in storage”.
The role of warehouses has increased due to wider product range, emphasis on shorter lead times and constant changes in customer demand. Harnessing of technology to meet these new challenges in the warehousing operations will result in better service at lower costs.This was stated by Shri Neeraj Bansal, Chairman in-charge, JNPT while delivering the key note address at the “Building Warehousing Competitiveness 2017” organised by CII Institute of Logistics.
Elaborating on the theme, Mr Bansal said that in countries like India which is dependent on monsoon-fed agriculture, efficient warehousing system would play a vital role in promoting agricultural marketing and also help in reducing the imbalance during harvesting season and off season by providing efficient storage facility.
With emphasis on ‘make in India’ scheme, the whole world is looking to our country in the field of manufacturing industry. India manufacturing has entered in all most all sectors. Top world as well as domestic automobile manufacturers is making India an automobile hub. This requires huge warehousing facilities for manufacturing and value additions. The SEZ projects in the country and JNPT’s upcoming Port Based SEZ emphasizes modern and state of the art warehousing facility, Mr Bansal observed.
In a competitive global scenario, India has to match the international standards and warehousing industry has to adopt global standards.
The challenges and concerns need to be addressed with coordinated efforts among all stakeholders and world’s best practices should be adopted in our country. There is a need to work together for reduction of logistic cost and bring it down to Global benchmark of developed countries. JNPTs Dry Port Project at Jalna and Wardha will develop with state-of-the art warehousing facilities for agri and agri products, machinery, automobiles, steel and metal industries which will be directly connected to Sea Port of JNPT, Mr Bansal said.