Global Logistics Summit

Question: Where the ‘Global Logistics Summit’ was organized on April 5th-6th, 2018?
(a) Jaipur
(b) Hyderabad
(c) Kolkata
(d) New Delhi
Answer: (d) 
Related Facts: 

  • On April 5th-6th, 2018 the Department of Commerce, Ministry of Commerce & Industry, in partnership with FICCI and the World Bank Group, is organising this Summit on 5 & 6 April 2018.
  • The Summit provides an opportunity to discuss the above issues among global experts, academics, government officials and private sector and industry representatives.
  • Union Commerce and Industry and Civil Aviation Minister Suresh Prabhu addressed the inaugural session of this summit.
  • Indian logistics industry is estimated at around US $ 215 billion in 2019-20, growing at over 10 % annually.
  • In the last decade or so, significant improvements in Railways, Roads, Highways, Inland Waterways, Aviation, Ports and Coastal Shipping have taken place.
  • India has improved its ranking in the Logistics Performance Index (prepared by the World Bank) from 54 in 2014 to 35 in 2016.
  • To keep up with the growth in demand for logistics services, it is important to develop a consistent approach to logistics across infrastructure, services and different modes of transportation.

Reference:                         
http://ficci.in/past-event-page.asp?evid=23754
http://pib.nic.in/PressReleaseIframePage.aspx?PRID=1527810