• The Department for Promotion of Industry and Internal Trade (DPIIT) held a Logistics Data Bank Project (LDB) Meeting today to review the measures taken by Port Authorities to improve port performance.

ABOUT THE PROJECT

• LDB project aims to make India’s logistics sector more efficient through use of Information Technology.
• It was launched in 2016 at JNPT, Mumbai.
• It is a joint effort of India and Japan conceived during planning of Delhi Mumbai Industrial Corridor Project.
• Nodal Ministry: Ministry of Commerce and Industry.
• It is being implemented through a Special Purpose Vehicle called Delhi Mumbai Industrial Corridor Development Corporation Logistics Data Services
  • (DLDSL) – that is jointly (50:50) owned by the Delhi Mumbai Industrial Corridor (DMIC) Trust and Japanese IT services major NEC Corporation.
• LDB handles 100% of India’s EXIM container volume.