The warehousing sector has seen minimal growth in India during the past decade or so. However, the last four-five years have been eventful for the sector which has witnessed a tremendous surge in business activities and foreign investments.
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GST will help companies reduce logistics costs by up to 1.5percent
According to me every move has an advantage and a disadvantage. The business success depends on the ability of a company to factor in variables and continue to stand firm.
Bridging the gap
E-commerce has revolutionised the retail logistics in our country. It has opened up big opportunities in supply chain management. Definitely, this is a positive development for the logistics sector.
GST will be a game changer
India is a burgeoning economy and is emerging as one of the worldĂÂŽs leading markets. It expects to sustain strong growth over the coming years and strives to become one of the top three economies in the world by the middle of the century.
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