Going forward, a 25-28 per cent growth is envisaged in the cold storage industry. Even so, it will be a while before prices are arrested, exports of cold storage commodities take off, and indeed, before a heady rush of private participation is a reality, say the industry’s practitioners and best experts.
Tag: GST
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Cold chain: Finally warming up to India?
India’s agricultural infrastructure, and in particular its fledgling cold chain industry, may have caught investor attention, particularly after news of farm produce rotting because of lack of suitable storage infrastructure.
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Export zones: Need new forms of partnership
With 18 industrial parks, Kinfra still believes that Kerala’s best strengths are not fully harnessed. S Ramnath says that facilitation, rather than incentivisation, will be the strategy to attract investment in the export zones.
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Budget Reactions 2011
Service tax exemption of 25 per cent from taxable value is being provided to services of transport of coastal goods and goods transported through national waterways or inland water with no CENVAT credit of taxes paid on inputs, input services and capital goods. The effective service tax rate is 7.725 per cent.