TNPSC Thervupettagam

LogiXtics

December 24 , 2021 1061 days 716 0
  • The Department for Promotion of Industry and Internal Trade has launched the Unified Logistics Interface Platform’s (ULIP) hackathon – ‘LogiXtics’.
  • This is to crowdsource more ideas that will benefit the logistics industry.
  • The Unified Logistics Interface Platform (ULIP) Hackathon – LogiXtics is being organized by NITI Aayog and Atal Innovation Mission.
  • ULIP has been designed to enhance efficiency and reduce logistics costs in India by creating a transparent platform that can provide real-time information to all stakeholders.
  • The cost of logistics in India is about 14% which is higher than in other countries in the world.
  • National Industrial Corridor Development Corporation was mandated by NITI Aayog in January 2021 to develop ULIP.

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