Logistics Data Bank (LDB)

Logistics Data Bank (LDB) 2.0 was launched by Union Commerce and Industry Minister Shri Piyush Goyal on the occasion of the Make in India decade-long celebrations.
LDB 2.0 is an advanced logistics tracking platform.
It enables deep-sea export container tracking along with improving multi-modal shipment visibility.
It also provides railway FNR through integration with the Unified Logistics Interface Platform (ULIP) API.

Launch: July 2016.
Operation: Managed by NICDC Logistics Data Services Ltd. (NLDSL).
Objective: To establish an integrated IT platform for container logistics in India.
RFID-based container tracking : a Radio-Frequency Identification (RFID) tag is affixed to every container.

Significance and Impact :

It provides assistance to MSMEs (Micro, Small, and Medium Enterprises) and exporters.
It strengthens India’s global supply chain.
It aids stakeholders and policymakers in identifying imbalances and proactively addressing potential bottlenecks in the logistics system.
It contributes to creating a logistics ecosystem that is transparent, data-driven, and globally competitive.
It supports the objectives of the National Logistics Policy (2022) and the PM Gati Shakti initiative.
It has contributed to India’s improved ranking (38) in the World Bank’s Logistics Performance Index (LPI).
It enhances the Ease of Doing Business by reducing clearance time and increasing port efficiency.

NICDC Logistics Data Services Limited (NLDSL) :

Establishment: December 30, 2015.
It is a Joint Venture between the Government of India (National Industrial Corridor Development and Implementation Trust – NICDIT) and the Japanese IT major NEC Corporation.

Functions
Logistics Sector Improvement: To make the logistics ecosystem more efficient and transparent.
End-to-End Tracking:
To provide tracking facilities to importers, exporters, and logistics operators
To help them identify delays in the supply chain.
Data Analytics:
To report on key performance indicators such as Turnaround Time (TAT), Dwell Time, and Port Performance
To provide valuable inputs to the government for policy formulation and reforms.