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UPDATE
INDUSTRY TALK
include additional infrastructure facilities, skilling and
technology to develop the entire ecosystem. Hikvision’s White Paper on
Logistics Management
A Maritime Development Fund with a corpus of
`25,000 crore will be set up for distributed support
and promoting competition. This will have up to 49%
contribution by the Government, and the balance will be
mobilized from ports and private sector.
The UDAN scheme which had connected 88 airports
and operationalized 619 routes will be modified and
launched to enhance regional connectivity to 120 new
destinations and carry 4 crore passengers in the next 10
years. The scheme will also support helipads and smaller ikvision and Logistics Management Magazine
airports in hilly, aspirational, and North East region have jointly released a new white paper
districts. Hto explore the transformative power of
open and collaborative systems in logistics. The
Greenfield airports will be facilitated in Bihar to meet the white paper shares insights into how integrated
future needs of the State. These will be in addition to the technology ecosystems can help organizations
expansion of the capacity of Patna airport and a brownfield break down data silos, improve end-to-end
airport at Bihta. Financial support will be provided for visibility, and achieve significant operational
the Western Koshi Canal ERM Project benefitting a large efficiencies.
number of farmers cultivating over 50,000 hectares of land
in the Mithilanchal region of Bihar. In the modern logistics landscape, traditional
The Budget allocation for Indian Railways for FY 2025- on-premises legacy systems often struggle to
26 stands at `2.65 lakh crore, the same as last year’s communicate with each other, resulting in data
allocation. However, allocation to Dedicated Freight silos, manual interventions, and poor visibility across
Corridor Corporation of India, has shown decrease. The the organization. These issues are particularly
FY 2025-26 Budget has accounted for manufacturing pronounced in e-commerce, where accurate and
100 non-AC Amrit Bharat trains, 50 NAMO Bharat trains timely insights have become more important than
certified for running at 130kmph for shorter distance city ever for logistics and supply chain operations.
connections and 200 Vande Bharat trains (sleeper and To address these challenges, smart organizations
chair car trains).
are using more integrated solutions that break
down silos. By connecting different systems such
as Enterprise Resource Planning (ERP), Warehouse
Management Systems (WMS), Transportation
Management Systems (TMS), Yard Management
Systems (YMS), and Video Management Systems
(VMS), companies can achieve a unified view of
their end-to-end supply chain.
Real-world applications
Integrated parcel tracking solutions have
enabled warehouses to determine responsibility
for damage and lost items, reducing the cost
of compensation. Yard management systems,
integrated with transportation management
platforms, use AI to recognize license plates
and container numbers, ensuring the orderly
movement of vehicles at the gate, loading dock,
and yard.
www.trafficinfratech.com / Jan. - Feb. 2025 / TRAFFICINFRATECH 9