Gati Boosts MSMEs with ONDC, Logistics Parks & Green Moves
The Indian economy has been growing rapidly, and the Micro, Small and Medium-Sized Enterprises (MSMEs) have been at the forefront of this growth. However, MSMEs often face significant challenges when it comes to logistics, which can hinder their ability to expand beyond local markets and compete nationally. To address this issue, AllCargo Gati, a leading logistics company, has launched a comprehensive plan to revamp MSME logistics in India.
The plan involves the integration of the Open Network for Digital Commerce (ONDC) into Gati’s logistics network, the establishment of modern logistics parks, and the adoption of green initiatives such as electric vehicles (EVs) and solar-powered hubs. These initiatives aim to provide MSMEs with affordable, efficient, and sustainable supply chains, helping them to expand their reach and compete more effectively in the national market.
The Challenges Faced by MSMEs
MSMEs are the backbone of India’s economy, accounting for over 40% of the country’s GDP and employing over 60 million people. However, MSMEs often face significant challenges when it comes to logistics, including:
- Limited access to funding: MSMEs often struggle to access funding to invest in their logistics infrastructure, making it difficult for them to scale up their operations.
- Lack of standardization: The logistics industry in India is fragmented, with different players using different systems and processes. This can make it difficult for MSMEs to manage their logistics efficiently.
- High costs: MSMEs often have to pay high rates for logistics services, which can eat into their profit margins and make it difficult for them to compete with larger companies.
- Limited access to markets: MSMEs often have limited access to markets, both domestically and internationally, making it difficult for them to scale up their operations and expand their customer base.
Gati’s Solution
To address the challenges faced by MSMEs, Gati has launched a comprehensive plan that involves the integration of the ONDC into its logistics network, the establishment of modern logistics parks, and the adoption of green initiatives such as EVs and solar-powered hubs.
- ONDC Integration: The Open Network for Digital Commerce is a digital platform that enables businesses to connect with each other and trade digitally. By integrating ONDC into its logistics network, Gati aims to provide MSMEs with a more efficient and cost-effective way of managing their logistics. ONDC will enable MSMEs to access a wider range of logistics services, including warehousing, transportation, and distribution, and will provide them with real-time visibility and tracking of their shipments.
- Logistics Parks: Gati is establishing modern logistics parks across India, which will provide MSMEs with a more efficient and cost-effective way of managing their logistics. The logistics parks will offer a range of services, including warehousing, transportation, and distribution, and will be equipped with the latest technology, including automation and artificial intelligence. The logistics parks will also be designed to be green and sustainable, with features such as solar panels and rainwater harvesting.
- Green Initiatives: Gati is also adopting green initiatives such as EVs and solar-powered hubs to reduce its carbon footprint and provide MSMEs with sustainable logistics solutions. The company is investing in a fleet of electric vehicles, which will reduce its carbon emissions by up to 70%. The company is also setting up solar-powered hubs, which will provide MSMEs with sustainable and cost-effective logistics solutions.
Benefits for MSMEs
The integration of ONDC, the establishment of modern logistics parks, and the adoption of green initiatives will provide MSMEs with a range of benefits, including:
- Improved efficiency: The integration of ONDC and the establishment of modern logistics parks will enable MSMEs to manage their logistics more efficiently, reducing their costs and improving their customer service.
- Increased competitiveness: The adoption of green initiatives such as EVs and solar-powered hubs will enable MSMEs to reduce their carbon footprint and provide them with a competitive edge in the market.
- Access to new markets: The integration of ONDC and the establishment of modern logistics parks will enable MSMEs to access new markets, both domestically and internationally, and will provide them with a wider range of customers and suppliers.
- Reduced costs: The adoption of green initiatives and the integration of ONDC will enable MSMEs to reduce their logistics costs, which will improve their profit margins and enable them to invest in their business and employees.
Conclusion
The integration of ONDC, the establishment of modern logistics parks, and the adoption of green initiatives are just some of the ways in which Gati is revamping MSME logistics in India. These initiatives will provide MSMEs with affordable, efficient, and sustainable supply chains, helping them to expand their reach and compete more effectively in the national market. By supporting MSMEs, Gati is helping to drive economic growth and development in India, and is playing a key role in achieving the country’s sustainability goals.
News Source:
https://ascendants.in/small_business/gati-expands-msme-logistics-with-ondc-evs/
