New Delhi: Mr Nitin Gadkari, Minister for Road Transport, Highways and Shipping, said that the Indian aviation sector will be included in the multi-modal logistics hubs in order to promote comprehensive logistics solutions for enabling the logistics sector to grow to a projected US$ 360 billion by 2032 from the current US$ 115 billion. The Government of India also plans to set up 400 regional airports with solutions like pre-cooling cold storages across the country. The country’s first Integrated Transport and Logistics Summit to be held during May 3-5, 2017 is expected to receive investments worth Rs 50,000 crore (US$ 7.63 billion). The government also plans to implement a special programme for developing multi-modal logistics parks and transport facilities with the aim of changing the country’s logistics from a point-to-point model to a hub-and-spoke model. 44 economic corridors as well as many feeder routes and inter-corridor routes covering 55,000 km have been identified and along with Golden Quadrilateral and North-South-East-West Corridors will account for 80 per cent of India's logistics freight.
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