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Indian Railways Rating System to Be Industry Friendly

Published: 12th December 2014 10:30 PM  |   Last Updated: 13th December 2014 06:00 AM   |  A+A-

CHENNAI: Indian Railways is now coming out with a new rating system with  confidence of industry kept in mind, according to N Sreekumar, chief general manager of Container Corporation of India Limited.

Addressing a event organised by Indian Institute of Logistics,  Sreekumar also said the government is going to restructure the railway board.

He also stated that the total logistics sector in India would undergo a transformation with the east and west freight corridor coming into being.

He said the eastern corridor would link the Punjab industrial belt with Kolkata while the Western corridor would link Punjab with Gujara. He also highlighted that the logistics sector in the country is the costliest one when compared with the developing world.

Captain V J Pushpa Kumar, director f Indian Institute of Logistics said that IIL is setting up a Logistics Knowledge Park in Chennai for extending logistics education to various private universities in the country.

He said the company has acquired 15 acres of and at Ponneri near Chennai on the banks of Pulicut Lake where buildings with modern facilities are under construction. “We are awaiting the clearance from environment ministry,” Pushpakumar said.

Ennarasu Karunesan, chief executive officer and director of DP Wold Chennai, Spencer Tsai, branch head of Wan Hai Lines (India) Pvt Ltd, Capt K G Ramakrishnan, managing director of Ben Line Agencies and others also spoke on the occasion.

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