Union Commerce Minister Piyush Goyal on Thursday stated India is at a "nascent level" in industrial engineering look at and studies, which is important for growing robust supply chains.
Speaking at the National Institute of Industrial Engineering (NITIE) here, Goyal said "we want to do a lot in this front and there exists a excessive scope for the equal".
Goyal, who turned into in advance the Minister for Railways, stated that the Indian Railways became struggling to get solutions at the enterprise research front till IIT-Bombay got here up with answers.
IIT's work will assist the railways and shortly it will likely be coming out with a revised time desk structure which has its roots within the research.
Goyal said the carefully interconnected global economies require vast value addition on the deliver chains front, like improving the procedures on packaging and warehousing.
The minister said the research and planning for making deliver chains ought to now not be constrained to the private area alone, and we want such efforts on delivery of public offerings as well.
Earlier, Goyal inaugurated a centre of excellence in logistic and deliver chain management.
Chairman of NITIE's Board of Governors, Shashi Kiran Shetty, who also heads Allcargo Logistics, said that the institute aspires to have autonomy just like the one loved through IITs and IIMs, and asked assist at the identical from the minister.
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