Union Minister Launches LDB 2.0 to Strengthen India’s Digital Trade
Union Minister of Commerce and Industry Shri Piyush Goyal launched the Logistics Data Bank (LDB) 2.0 in New Delhi. The launch coincided with the decade-long celebrations of Make in India and marks a major step in India’s journey toward becoming a digitally empowered, globally competitive economy. The upgraded logistics platform promises real-time data tracking, multi-modal visibility, and high-seas container monitoring, all of which will significantly improve supply chain efficiency and export competitiveness, particularly benefiting MSMEs and exporters.
Developed by NICDC Logistics Data Services (NLDSL), LDB 2.0 is an upgraded version of India’s logistics tracking system. It builds on earlier digital initiatives but introduces major enhancements,
India’s logistics costs are traditionally high, impacting exporters. By reducing inefficiencies through real-time tracking and predictive analytics, LDB 2.0 will,
Smaller exporters often face disproportionate challenges in logistics. LDB 2.0 offers them access to the same data-driven tools as large corporations, leveling the playing field and encouraging participation in global trade.
Aligned with the vision of Viksit Bharat 2047, the platform strengthens the digital backbone of logistics. This ensures India is prepared for the next wave of industrial growth, contributing to Atmanirbhar Bharat (self-reliant India).
During the launch, Shri Piyush Goyal emphasized that LDB 2.0 is not just a technological upgrade but a strategic reform. By combining data, transparency, and digital infrastructure, India can move closer to its goal of becoming an export powerhouse.
This also reflects the government’s broader strategy to,
The Reserve Bank of India (RBI) has appointed Ravi Shankar as its new Executive Director…
Sunil Bharti Mittal, Founder and Chairman of Bharti Enterprises has been honored with the 2026…
The Government of India has extended the tenure of the current Foreign Secretary Vikram Misri…
From 1st of July, 2026, The Reserve Bank of India (RBI) has implemented the its…
Air Marshal Jasvir Singh Mann, AVSM, VSM appointed as the new Air Officer Commanding-in-Chief (AOC-in-C)…
GAGAN (GPS Aided GEO Augmented Navigation), that is India's indigenous Satellite-Based Augmentation System (SBAS) and…