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Allcargo Gati Ltd: Upcoming budget should promote MSMEs

by Kalpana Pandey
July 16, 2024
in News
Reading Time: 2 mins read
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Smitha Shetty Uday Sharma
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Mr Uday Sharma – Chief Commercial Officer – Allcargo Gati Limited.
The logistics subsector is undergoing numerous changes to address infrastructure and technology challenges. As the lifeline of the MSME sector, the logistics and supply chain industry plays a crucial role in efficiently delivering their products and enabling them to reach the market or their destination. MSMEs rely heavily on their third-party logistics providers to operate smoothly, as they often face limitations due to a lack of capital or resources.

The upcoming budget should create an environment where MSMEs can flourish with well-developed logistic infrastructures based on sustainable practices. We expect the budget to prioritize investments in infrastructure development, digitalization, and skill development, which will further empower MSMEs. Our commitment goes beyond providing logistics; we actively support programs that enhance operational efficiency and competitiveness for MSMEs. Through various initiatives like capacity-building workshops, digital transformation projects, and skill development programs, we strive to grow and sustain MSMEs.

Ms.Smitha Shetty – Regional Director, APAC – Achilles Information Ltd.
“India’s unwavering commitment to achieving Net Zero emissions by 2070, reinforced by the interim budget’s comprehensive sustainability strategy, is a beacon for the global green economy. Proactive initiatives like the viability gap funding for 1 GW of offshore wind energy capacity and the ‘Muft Bijli’ rooftop solarization scheme are not merely steps towards a cleaner future, but also catalysts for innovation and economic growth. At Achilles, we’ve witnessed firsthand how the emphasis on ESG adoption across businesses of all sizes is enhancing India’s competitive edge, attracting responsible investment from around the world. The upcoming budget is a crucial opportunity to further solidify this momentum, bolstering India’s position as a global leader in sustainable development.”

Tags: Allcargo Gati LimitedBudgetSmitha ShettyUday Sharma

Kalpana Pandey

The Maritime Gateway Editorial Team delivers trusted news, analysis, and insights on shipping, ports, logistics, supply chains, and global trade, backed by industry expertise and editorial review.

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