Viksit Bharat 2047: Northeast India as logistics gateway to Southeast Asia

The Government of India is strategically focused on realizing the vision of "Viksit Bharat" by 2047, primarily emphasizing improving connectivity, expanding exports, and bolstering logistics infrastructure. Key policy instruments, including "PM GatiShakti's National Master Plan" and the "National Logistics Policy," are pivotal in achieving these objectives. The PM Gati Shakti Yojana, encompassing various projects for multi-modal connectivity, is set to enhance logistics efficiency and reduce costs. Notably, efforts to decongest high-traffic corridors are poised to optimize operations, ensuring passengers' safety and higher travel speeds. Dedicated freight corridors are also anticipated to accelerate India's GDP growth while reducing logistic costs.

Prime Minister, Mr. Narendra Modi's unwavering commitment to connectivity is underscored by initiatives like the Prime Minister's Development Initiative for Northeastern Region (PM-DevINE). Recognizing the Northeast's potential as India's growth engine, the government aims to address historical connectivity and logistics infrastructure challenges. With international borders totalling 5,812 kilometers, the Northeastern Region holds immense trade potential with China, Bhutan, Myanmar, Bangladesh, and Nepal. Initiatives such as the Act East Policy and the Northeast Special Infrastructure Development Scheme (NESIDS) are instrumental in unlocking the economic potential of the NER, fostering inclusive growth, and positioning it as a vital gateway to East and Southeast Asia.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.