The reactions are positive and industry is also quite optimistic on the introduction of NCAP 2016. The objective of the government through NCAP is to establish an integrated ecosystem enabling significant growth of the civil aviation sector, which in turn would promote tourism, increase employment and lead to balanced regional growth.
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Pipeline generation for increasing the visibility of sales. The Division had an order in hand of pipeline of Rs 63.88 crore as of 31st March 2016 , as compared to Rs 48.70 crore in 31st March 2015, an increase of 31 per cent.
The impact of GST could lead to reduction of 5percent in overall logistical costs
The expected implementation of GST will boost the demand for warehousing, 3PL solutions and multimodal services, areas where TCI has a strong market presence.
GST will reduce the share of the unorganised sector in warehousing
The GST is a value-added tax that will replace all other indirect taxes in India. One purpose of the GST is to make taxes ´destination´ based rather than origin based, or ´efficiency´ based rather than ´regulation´ based.
The warehousing sector is going to experience a sea change in its structure
With the total warehousing space requirement in the country´s top seven markets expected to grow from 621 mn sq ft in 2016 to 839 mn sq ft by 2020, the warehousing sector has shown tremendous traction in the past couple of years. Further, investment in warehousing can provide an opportunity of realising returns in the range of 10-24 per cent per annum.
Hidden Benefits
Notwithstanding the tremendous potential to expand revenues, general lack of awareness about the benefits of using geosynthetics might delay projections set by firms in the sector. However, despite challenges, growth is eventually inevitable.
Ashoka Buildcon targets order inflow of Rs 50 billion
The company has been the biggest beneficiary of an uptick in orders in roads, due to its dual business exposure and access to Rs 14 billion of cash inflows over FY2016-18E. The company is targeting order inflow of Rs 40-50 billion in the roads segment and Rs 5-8 billion in the power segment.
Data to accelerate expansion of mobile telephony
Granting of infrastructure status to the telecom tower industry has resulted in varied financial benefits. External commercial borrowing rates have improved. However, lower import duties and accelerated depreciation benefits are yet to be realised.
Towering Heights
In India, for every 10 per cent of the population using basic services such as voice and SMS, the national GDP increases by 0.5 per cent; a similar expansion of Internet and other non-voice communication or data adds 1 per cent to GDP, according to government figures available with the country´s Department of Telecommunications (DoT).
Logging Grwoth
The Indian logistics market is expected to grow at a CAGR of 12.17 per cent by 2020, driven by the growth in the manufacturing, retail, FMCG and e-commerce sectors.
India is expected to register a steady uptick in logistics growth, on the back of the improvement in the country´s infrastructural environment.