CJ Darcl Logistics has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for a proposed Initial Public Offering.

Two years of National Logistics Policy: What’s a hit, what’s a miss – A complete report card

With the National Logistics Policy (NLP) completing 2 years of its launch by Prime Minister Narendra Modi, the logistics industry maintained that it has indeed been a game changer for the sector. By streamlining processes, enhancing multimodal transportation, and creating an integrated digital platform, the NLP has significantly improved supply chain visibility and efficiency. The National Logistics Policy was introduced in September 2022 with a vision to drive economic growth and enhance the country’s business competitiveness by developing an integrated, efficient, green and sustainable logistics network with the help of technology, optimised processes and skilled workforce.

The targets of the NLP were to reduce logistics costs, improve the logistics performance index rating and to be among the top 25 countries by 2030, and to create data driven decision support mechanisms for an efficient logistics ecosystem.

Nikhil Agarwal, President, CJ Darcl Logistics Ltd, said, “As we celebrate two years of the National Logistics Policy (NLP), it’s clear that this transformative initiative is redefining India’s logistics landscape. With a vision of decreasing logistics cost from 14-18 per cent of GDP to around 8 per cent by 2030, NLP is establishing India as a global logistics hub.”

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