The Department for Promotion of Industry and Internal Trade (DPIIT) has launched the Unified Logistics Interface Platform’s (ULIP) Hackathon – ‘LogiXtics’ in order to crowdsource more ideas which will benefit the logistics industry.
- ULIP is designed to enhance efficiency and reduce logistics cost in India by creating a transparent platform that can provide real time information to all stakeholders and remove all asymmetry information.
- The ULIP Hackathon – LogiXtics is organised by NITI Aayog and Atal Innovation Mission and supported by National Industrial Corridor Development Corporation (NICDC) and NICDC Logistics Data Bank Services Limited (NLDSL).
- ULIP is being developed as technology platform in the logistics sector which will provide real time information to all stakeholders and will converge visibility of multi-modal transport across the existing systems of various Ministries/Departments working in silos.
- Once completed, one can see huge efficiencies in the logistics sector, and which will transform it by bringing down the logistics cost and enhancing India’s competitiveness in the global trade.
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