Uttar Pradesh government’s cabinet approved the UP Warehousing and Logistics Policy 2022 on 22nd December, said Nand Gopal Gupta, state’s industrial development minister. He said this move will help the economy become a “USD 1 Trillion Economy”. The policy’s approval comes ahead of the Gobal Investors’ Summit scheduled to be held in Lucknow in February 2023.
Nand Gopal Gupta said, “The objective of this policy is to create a strong transport infrastructure network, upgrade and improve the existing warehousing and logistics infrastructure. Uttar Pradesh Warehousing and Logistics Policy 2022 will prove to be very useful in creating an international-level business environment and developing logistics ecosystem in the state in view of the development of new technologies in the rapidly changing global economy”
“On the other hand, the infrastructure of facilities like storage facilities, logistic park, dry ports and cargo terminal etc. will get an expansion. It will help in making the state a USD 1-trillion economy,” the cabinet minister said.