Over the years, the Indian government has made
significant strides in optimizing these sectors, notably reducing the logistics
cost from 14% of GDP to an estimated 7.8% to 8.9% through initiatives like Bharat Mala, Sagarmala, and the PM Gati Shakti
schemes. Among these achievements, the recent success of Chandrayaan-3 comes as
a cherry on top. It heralds a new era for India’s logistics capabilities, with
the potential to integrate advanced space technology into these critical
sectors, thereby boosting efficiency, resilience, and sustainability.
The Chandrayaan-3 mission has demonstrated India’s
growing prowess in space exploration and enhanced the country’s space
technology infrastructure. This includes
satellite navigation systems, remote sensing, satellite communication, and
geographic information systems (GIS). But what’s the relation between going to
space and moving cargo across domestic and national borders? Moreover, how does
space technology enhance logistics and supply chain operations? Ideally,
logistics is a critical consideration throughout the process of space projects,
including Chandrayaan – 3. On the other
hand, all of the technology infrastructure mentioned above can be leveraged to
transform logistics and supply chain management.
One of the most groundbreaking
applications of space technology in logistics is the advent of space-based
internet services. Unlike traditional fibre-optic cables or wireless networks,
satellites in geostationary orbit, positioned 35,786 kilometres above the
Earth’s surface, can overcome geographical obstacles that typically hinder
connectivity.
The integration of space technology into logistics and
supply chain management is a critical step towards realizing India’s vision of Atmanirbhar Bharat, or
self-reliant India.
Space technology offers a multitude of
benefits for logistics, from improving real-time tracking and route
optimization to enabling global communication networks and facilitating
advanced geospatial analysis. These
advancements will lead to more agile, cost-effective, and sustainable supply
chains, ultimately driving economic growth and development across various
industries.
The success of Chandrayaan-3 is more than just a
milestone in India’s space exploration journey – it is a beacon of the
possibilities that lie ahead in integrating space technology into logistics and
supply chain management. As India
continues to push the boundaries of innovation and technology, the logistics
sector stands to gain immensely, paving the way for a more connected,
efficient, and self-reliant nation.