NICDC Logistics Data Services (NLDS), a joint venture between the Government of India and Japan’s NEC Corporation, recently celebrated handling 50 million EXIM containers since its inception 6 years ago. The team was congratulated by the Union Minister for Commerce and Industry, Sh. Piyush Goyal on achieving the feat as Sh. Amrit Lal Meena, Special Secretary (Logistics), DPIIT & Chairman NLDSL, said that NLDSL is striving to make the LDB project a hallmark of logistic development in India.
The objective of NLDS is to provide the EXIM container visibility service across India along with comparative performance metrics for all logistics container operators to enable the users to take informed decisions. As a flagship product of the company, the Logistics Data Bank System (LDB System) is an overarching solution that integrates the information available with various agencies across the supply chain to provide detailed real-time information within a single window. It uses RFID technology through the Internet of Things (IoT), Big Data and Cloud-based solutions to provide real-time tracking of EXIM container movement in India.
The LDB system has also been used to develop the ULIP, which is an umbrella scheme under the PM Gati Shakti National Masterplan that brings all-mode operators on a single platform, thereby facilitating efficient movement of goods. The ULIP will reduce logistics cost and time, and at the same time assist just-in-time inventory management and eliminate tedious documentation. This integrated approach of infra development will also encourage and provide confidence to entrepreneurs, developers and institutional investors to further invest in the sector
Back in May 2022, Logistics Data Bank (LDB) Services were extended to 9 major SEZs across India, to further improve last mile container visibility.