The entertainment market in India is the second largest in the world. Examine the factors that led to the development of the Indian animation and visual effects industries in this context. (Answer in 150 words)
India's National Logistics Policy aims to streamline logistics operations by reducing costs from 14% to 10% of GDP through unified regulations, digitalization, infrastructure development, skill training and integration with global supply chains, enhancing efficiency and competitiveness. Challenges -Read more
India’s National Logistics Policy aims to streamline logistics operations by reducing costs from 14% to 10% of GDP through unified regulations, digitalization, infrastructure development, skill training and integration with global supply chains, enhancing efficiency and competitiveness.
Challenges –
- Infrastructure gaps including inadequate roads, ports, warehouses, and rail networks hinder efficient logistics operations nationwide.
- Complex, overlapping regulations across states and ministries create bureaucratic hurdles, delaying logistics operations and compliance.
- Insufficient trained professionals in logistics, transportation and supply chain management hinder industry growth and efficiency.
- India’s highly fragmented logistics sector with numerous small players, hinders standardization, coordination and scalability efforts.
- Slow adoption of digital technologies, such as blockchain, IoT and automation, limits logistics efficiency and transparency.
Opportunities –
- Unified regulatory framework streamlines logistics operations, reducing complexity, bureaucratic hurdles and compliance costs nationwide instantly.
- Infrastructure development boosts logistics efficiency, connectivity and capacity, unlocking India’s economic growth and trade potential.
- Digitalization transforms logistics through automation, real time tracking and data analytics, enhancing efficiency, transparency and competitiveness.
- Skill development initiatives upskill logistics workforce, fostering expertise, innovation and employability, driving sector growth sustainably.
- Integration with global supply chains unlocks export potential, foreign investments and technology transfer for India.
- National Logistics Policy generates millions of jobs, empowering youth, boosting employment and stimulating economic growth nationwide.
- National Logistics Policy streamlines operations, reducing transportation costs, inventory holding and transit times by 10-15%.

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