LogiXtics: DPIIT Launches Hackathon for Logistics

Department for Promotion of Industry and Internal Trade (DPIIT) launched the Unified Logistics Interface Platform’s (ULIP) Hackathon called ‘LogiXtics’ for crowdsourcing more ideas for the benefit of logistics industry.

About Unified Logistics Interface Platform’s (ULIP) Hackathon

• ULIP is designed for enhancing efficiency and reducing logistics cost across India. This objective will be reduced by creating a transparent platform which will provide real time information to all the stakeholders and remove all asymmetry information.
• ULIP Hackathon – LogiXtics is being organised by NITI Aayog and Atal Innovation Mission.
• It is also supported by NICDC Logistics Data Bank Services Limited (NLDSL) and National Industrial Corridor Development Corporation (NICDC).
• ULIP was conceptualised as a technology platform in logistics sector.

Purpose of ULIP

• ULIP is being developed as technology platform to provide real time information to all the stakeholders.
• It will converge visibility of multi-modal transport across existing systems of several Ministries or Departments working in silos.
• ULIP will transform the logistic sector by lowering down the logistics cost and enhancing India’s competitiveness in international trade.
• ULIP is in line with the objective of PM GatiShakti, that aims to break the individual silos, promote integration among several Ministries or Departments and promote real single window.

National Industrial Corridor Development Corporation (NICDC)

NITI Aayog had developed NICDC in January 2021 for developing ULIP by leveraging the Logistics Data Bank Project.

About LogiXtics

Under the ULIP umbrella, LogiXtics invites everyone to showcase their strategic, coding and domain skills on a national-level platform for solving the existing issues in logistics industry. Hackathon is significant to achieve the vision of ULIP platform.

Month: Current Affairs - December, 2021