Fostering Infrastructure Integration in India: What needs to be done to reduce cost of logistics?

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Online Meeting

Wednesday, 14th July

16:30 - 17:30 | Indian Standard Time (GMT+5:30)

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Surekha Mahajan

Director - InfrastructureGRI Institute

India

India’s supply chain and logistics sector, one of the largest globally and worth $215 billion growing at a CAGR of 10.5 per cent, faces several barriers to growth despite its criticality to the economy. An unbalanced logistics modal mix, high indirect costs, fragmented infrastructure and networks, and limited technology adoption has been hampering the sector’s growth.Current logistics cost of India is 14% of its GDP, while that of other countries in US & Europe is 8-10%. That's the optimum level at which India needs to reduce its logistics costs.

Discussion will touch on:

How important is the role of other infrastructure sectors like roads, Energy, and railways in reducing this cost?
Is India on the right track regarding adoption of new technologies in logistics to reduce cost?
What are the key challenges faced by the industry to attract investments?
Will National Logistics Policy be key to achieve integrated infra development?

Moderator

Manish Sharma

Partner & Leader-Capital Projects & Infrastructure

PwC

Co-chair

Atul Sanganeria

Expert/Consultant

Asian Development Bank

Co-chair

Krishna Kotak

Chairman

J. M. Baxi Group

Co-chair

Ravi Jakhar

Chief Strategy Officer

Allcargo Logistics

Co-chair

Pushkar Kulkarni

Managing Director - Infrastructure

CPPIB

Manish Sharma

Partner & Leader-Capital Projects & InfrastructurePwC

India

Manish is Partner and Leader for Transport and Logistics Sector in PwC’s Advisory services vertical. He has over 23 years of experience across the various segments of transport and logistic with both services providers and infrastructure developers.

Atul Sanganeria

Expert/ConsultantAsian Development Bank

India

Atul is a seasoned Infrastructure professional with vast experience of working in Industrial corridors, transportation and multimodal logistics with focus on project design, feasibility in infrastructure development, infrastructure financing, regulatory, policy and governance issues. Atul has policy, finance and economics degree from NUS Singapore, JNU, Delhi and St. Xaviers Kolkata. In his current role he is working with the several line ministries and state governments on Logistics sector development, industrial corridor and park development including integration in GVCs. His past roles include Economist (Consultant) for IFC in Singapore, Public Finance Economist for PwC South Asia and J. Economist for Willis Towers Watson.

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Krishna Kotak

ChairmanJ. M. Baxi Group

India

Joining the family business at an early age of 18, he has over three decades of experience in shipping, logistics and the maritime industry. He successfully spearheaded the group's diversification from a ship agency to encompass project cargo movement, bulk and container port infrastructure, container freight stations, inland container depots and container rail operations enabling J. M. Baxi & Co to emerge as the largest logistics solutions provider in the country today. His in-depth knowledge of the Indian transportation sector, diverse experience, business acumen and keen foresight have contributed significantly to the growth of J. M. Baxi Group.

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Ravi Jakhar

Chief Strategy OfficerAllcargo Logistics

India

Pushkar Kulkarni

Managing Director - InfrastructureCPPIB

India

Pushkar Kulkarni leads the Infrastructure practice for Canada Pension Plan Investment Board (CPPIB) for India. CPPIB is amongst the world’s Top Ten Pension funds with AUM of C$550.4 billion (as of December 2021). As their first investment in India, CPPIB has made an investment of INR 20 bn. into L&T IDPL making it one of the largest Private Investment in the roads sector. Prior to CPPIB, Mr. Kulkarni has worked in several esteemed organizations including Serco, an Infrastructure Services company, he served as Managing Director for India. Efkon India a leader in ITS systems for Transport Infrastructure and Philips. He has represented the Bureau of India Standards at the ISO on several Intelligent Transport System expert committees.

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