Sunday, March 29, 2026

Gadkari: US Tariff Policy a Golden Opportunity for India’s Export Boost

spot_img

Union Minister Nitin Gadkari on Thursday said the US’s reciprocal tariff policy has opened up new opportunities for India to expand its global exports. Speaking during an inspection of the ₹1,200 crore Multimodal Logistics Park project in Pithampur, near Indore, Gadkari emphasized that India must now focus on reducing logistics costs to stay competitive in international trade.

“With the current global scenario and the tariffs imposed by the US, a window of opportunity has emerged for India to increase exports worldwide,” Gadkari said during the programme.

Highlighting the cost challenge, he pointed out that India’s logistics costs stand at 14–16%, compared to just 8% in China and 12% in the US and Europe. “This 8% gap with China is a key barrier to India’s export competitiveness,” he noted.

To address this, the government is developing logistics and multimodal parks across the country. The Pithampur Multimodal Logistics Park, spread over 255 acres, is expected to be completed within the next 1.5 to 2 years. Once operational, it will enhance export-import activity in the Malwa-Nimar region, lower logistics costs, and accelerate regional development.

Gadkari also laid the foundation stone for a railway siding that will connect the logistics park to Saugor railway station, 7 km away. This connectivity will allow farmers’ produce from the region to be shipped more efficiently to major ports like Mumbai’s JNPT and Gujarat’s Kandla and Mundra.

“It’s like Mumbai’s sea coming to Pithampur,” Gadkari quipped, as he shared plans to allow container checking at the park itself, enabling direct rail shipments to ports.

He further hinted at future plans to develop waterways on the Narmada and other rivers in Madhya Pradesh to further boost trade and economic activity.

Notably, Gadkari said that the Malwa-Nimar belt contributes 75% of Madhya Pradesh’s organic farming output, reinforcing the region’s importance in India’s agri-export potential.

Hot this week

Nubra, October 11, 2024: Sh Mukul Beniwal

IAS assumed charge of Sub-Divisional Magistrate of Nubra...

Vitul Kumar to Assume Charge as Director General of CRPF

Senior IPS officer Vitul Kumar will take charge as...

Operation Chakra-III: A Crucial Step in the Battle Against Cybercrime

The recent arrest of 26 cybercriminals in India under...

AP TET 2024: Answer Key for Day 1 exam to be OUT today at aptet.apcfss.in; Check 5-steps to download here

P TET Answer Key 2024: The School Education Department,...

Baramulla Police Seize Properties Worth ₹1.72 Crore from Notorious Drug Peddler

BARAMULLA, Nov 23: In a decisive action against drug trafficking...

Govt Plans To Develop Karnah As Border Tourism Hub: CM Omar Abdullah

Chief Minister Omar Abdullah on Saturday informed the Legislative...

IndiGo Flight Makes Emergency Landing At Delhi Due To Engine Failure

A Delhi-bound IndiGo flight from Visakhapatnam, carrying 160 passengers...

Sonia Gandhi Recovering Well, Likely to Be Discharged Soon

Senior Congress leader Sonia Gandhi is showing steady improvement...

Jammu Dominates at 20th J&K UT Fencing Championship 2025–26

The 20th J&K UT Fencing Championship 2025–26 concluded today...

Ram Navami Celebrated with Devotion and Peace Across Kishtwar

The festival of Ram Navami was celebrated on Thursday...

Omar Abdullah Urges Public Not to Panic Over Fuel Supply

Chief Minister Omar Abdullah today appealed to the public...

Related Articles

Popular Categories