For improvement in logistics it is critical that tax regimes need to be simplified and reduced to a single window and one-time levy across regions so that administrative processes do not hinder physical free flow of movement.
Category: Warehousing & Logistics
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Surging ahead
The leading integarted logistics company Allcargo Logistics has appointed Ajit Jangle as its Group Chief Operating Officer. In his career of over 20 years,
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APSEZ handles 82 mn t cargo
Adani Ports and Special Economic Zone (APSEZ) handled
82.13 million tonne (mn t) cargo in 2012-13, a growth of 21 percent from the previous year. During January-March, APSEZ handled 22.89 mn t cargo, an increase of 38 percent over the same period last year. This growth was driven by container and bulk (ma
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LCL Logistix to operate new service
LCL Logistix decided to operate a new service from its Container Freight Station (CFS) at Nhava Sheva to Klaipeda, LithuaniaÂ’s Baltic port. This would be a new less than container load (LCL) groupage service from India to the BalticÂ’s and Commonwealth of Independent States (CIS). The company feels that this service provides the longest and cheapest way to the Baltic and CIS from India, with
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Sohar is well equipped to cater to the growing needs of Indian companies
Indian companies taking the leap in making the most of this need gap, we are quite confident that given our unique propositions, strategic location, and excellent connectivity,
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Sterlite declares force majeure
D Dhanavel, General Manager of projects at Sterlite Industries (India) informed that the firm exercised force majeure on purchases of copper concentrates, the base material used by the plant. The company took this move following the recent closure of its smelter plant in Tamil Nadu after complaints of a gas leak
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Accelerate deliberations
While it is essential for policymakers to further accelerate deliberations on the issues to ensure early implementation, other stakeholders such as service providers, users and industry bodies should also come together to prepare a road map in advance,
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Indian 3PL market is set to grow tremendously over next 5-7 years
The next decade or so will see India becoming efficient in managing its logistics cost as the need for world class logistics increases with the expected growth in the economy
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Logistics: Driven by imponderables
Logistics sector and logistics costs are largely driven by many imponderables that occur in the global, national, and regional canvas. Therefore, it will be wrong on our part if we generalise issues and arrive on conclusions
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Accord industry status to logistics: Experts
Lack of coordination between the various government agencies that are involved in the road/highway construction business and improper policy initiatives hamper the prospects of roads sector, experts feel.