WAI’s maiden conference “National Logistics Policy – The Road Ahead for Integrated, Best-in-Class Infrastructure Development” in New Delhi

NEW DELHI: The Warehousing Association of India (WAI)’s organised its first ever conference titled ‘National Logistics Policy – The Road Ahead for Integrated, Best-in-Class Infrastructure Development.’ in New Delhi recently. Sunil Tyagi, Managing Partner at Zeus Law Associates, a full service corporate & commercial law and litigation advisory firm head quartered in New Delhi, moderated a panel discussion.

The focus of the conference was on the recently launched National Logistics Policy, 2022 that has set a roadmap for developing an interconnected and tech-driven framework to drive an integrated, cost-efficient, resilient, and sustainable logistics ecosystem. The conference was inaugurated by a welcome note by Manu Bhalla the President of the Warehousing Association of India.

Several luminaries hailing from diverse backgrounds were invited to the event to share their insights on the warehousing and logistics sector in India. The physical version of the e-handbook on ‘Warehousing Standards’ by WAI was released at the event which was also decoded during a panel discussion at the conference. The opening ceremony was concluded by presenting a report on the Ease of Doing Business in India.

At the conference Sunil Tyagi moderated the panel discussion on the National Logistics Policy – Key Features – Government and Industry action points. The background of the National Logistics Policy as roadmap for developing an interconnected and tech-driven framework for an integrated, cost efficient, resilient and sustainable logistics system, its key targets, the plan for their achievement, and the potential for attracting investments in the logistics and warehousing sector were discussed at length.

During the panel discussion he pertinently brought up for discussion the role of individual states in India with respect to the National Logistics Policy and the support that would be required by the various states to meaningfully engage with the policy and the assistance that would be provided to such states to meet the objectives outlined in the policy. The key targets of the policy and the strategy of National Logistics Policy to achieve these key targets was also deliberated. He also brought up for consideration the role of industrial parks in achieving and meeting the objectives of the National Logistics Policy.

The expectations and role of the National Logistics Policy in attracting investment in the warehousing and logistics sector from domestic as well as foreign investors was also debated during the panel discussion.

Several other panel discussions were held throughout the day as a part of the conference and pivotal issues such as the important role of centre state relations, need for states to adopt the National Logistics Policy and the expectations from state actors to contribute to bringing global standards to warehousing, infrastructure and operations was discussed. The significance of new age automation systems and artificial learning and machine learning enabled data intelligence systems, need for customer centricity, development of systems for accurate demand fulfilment was also discussed.

ZEUS Law Associates is an ISO certified full service corporate commercial law firm with a team of dedicated and experienced lawyers well versed in handling domestic and cross border transactions across sectors, jurisdictions and regulatory landscapes. The firm’s distinct practice areas include Corporate & Commercial Law, Real Estate & Infrastructure, Warehousing and Logistics, Litigation, Alternate Dispute Resolution, Indirect Tax and NRI Services. The Firm’s collaborative and seamless approach ensures that clients are offered integrated solutions, across legal areas.