New Delhi, Feb 10 (PTI) The Department for Promotion of Industry and Internal Trade (DPIIT) on Monday signed an agreement with the Korea Transport Institute to enhance cooperation in logistics and infrastructure development.

The MoU will enhance cooperation in logistics and infrastructure development, leveraging the institute's expertise to support India's ambitious infrastructure initiatives, the commerce and industry ministry said in a statement.

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It added that the MoU will establish a mechanism for knowledge exchange and institutional cooperation between the logistics division, DPIIT and KOTI.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)