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.
Tag: Government of India
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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.
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There is a need for a quick and efficient dispute resolution system
The potential growth in the Indian infrastructure sector presents a promising investment opportunity for private sector players, including foreign investors, says Abhishek Goenka, Partner, PwC India.
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Maharashtra becomes 17th state to join UDAY
The Government of India has signed a Memorandum of Understanding (MOU) with the Government of Maharashtra and Maharashtra State Electricity Distribution Co Ltd (MSEDCL) under the Ujwal DISCOM Assurance Yojana (UDAY) at the two-day State Power Ministers Conference in Vadodara.
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Post GST, Maharashtra will be the biggest beneficiary
To be honest, at present, it is highly impossible to share any revenue losses and it is not correct on our part to share these numbers without any ground study. Now, you have to consider a couple of factors before we come out with the figures.
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GST is the tax system of the 21st century
The most important thing is to view it as a historic opportunity. It is the first major economy-related reform of the Constitution that has happened. It is also an opportunity to create a 21st century tax system.
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Automobiles to drive Make in India
Girish Shankar, Secretary, Ministry of Heavy Industries and Public Enterprises has said that the Government of India aims to make automobiles manufacturing the main driver of the ´Make in India´ initiative, as it expects the passenger vehicles market to reach 9.4 million units by 2026, as highlighted in the Auto Mission Plan (AMP) 2016-26.
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Naidu inaugurates Stage 1A of Chennai Metro Phase-1
Union Minister of Urban Development Venkaiah Naidu has inaugurated the Stage 1A of Chennai Metro Phase-1, from Little Mount to Airport in Chennai.
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PwC consortium will be transaction advisors for Dholera airport
PricewaterhouseCoopers Pvt Ltd, in consortium with Airport Planners and Design Consulting Pvt Ltd, and SPA Legal, has been roped in by the Delhi-Mumbai Industrial Corridor Development Corporation (DMICDC) as transaction advisors for the greenfield Dholera airport in Gujarat, according to a report in the Business Standard.
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Auto manufacturing will be main driver of ‘Make in India’ initiative
Girish Shankar, Secretary, Ministry of Heavy Industries and Public Enterprises has said that the Government of India aims to make automobiles manufacturing the main driver of ‘Make in India’ initiative, as it expects the passenger vehicles market to reach 9.4 million units by 2026, as highlighted in the Auto Mission Plan (AMP) 2016-26.