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Logistics Data Bank (LDB) Services
October 31 , 2017
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- The Logistics Data Bank’s (LDB) services will soon be extended to all major ports in India.
- The LDB project’s objective is to ensure greater efficiency in the country’s logistics sector through the use of information technology.
- The IPA (Indian Ports Association) is the apex body for India’s major ports under the shipping ministry’s supervisory control. Until now, the LDB project covered only the country’s western logistics corridor.
- As part of the LDB project, each container is attached to a Radio Frequency Identification Tag (RFID) tag and tracked through RFID readers. This, in turn, helps importers and exporters to track their goods in transit.
- The LDB project was unveiled in July 2016 as an important ‘ease of doing business’ initiative to boost the country’s foreign trade and bring about greater transparency. It helps reduce the overall lead time of container movement, besides bringing down transaction costs that consignees and shippers incur.
- The project is implemented through a Special Purpose Vehicle called Delhi Mumbai Industrial Corridor Development Corporation Logistics Data Services Ltd. (DLDSL) — jointly owned by the Delhi Mumbai Industrial Corridor (DMIC) Trust and Japanese IT services major NEC Corporation.
- The LDB project covers “the entire movement through rail or road till the Inland Container Depot and Container Freight Station.”
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