With the rise in Internet and mobile phone penetration, India has witnessed digitalisation in almost all walks of life and business. While some sectors have embraced the digital economy as the new way of life - for example, movie ticket bookings - others in the e-commerce domain like online pharmacies and grocers, are unduly taking time to make this shift.
Tag: Logistics
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India is a Bright Spot Amidst a Dim Global Outlook
There have been multiple evaluations of the recently launched 'Make in India' campaign and the subsequent projects that have been undertaken by the government to improve and enable the economic growth of the Indian maritime clusters. In this light, Elektrans Group is all set to further expand its footprint globally as well as within their home base in India.
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Building the Blocks
The importance of quality infrastructure and the development of an economy have an umbilical cord binding them and can never be seen in isolation. Broadly, infrastructure is the network of power, telecom, ports, airports, roads, civil aviation, railways, and transportation in a country and is the lifeline of the economy of a country.
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The Post GST Logistics of BIGGER WAREHOUSING
India´s burgeoning logistics and warehousing sector is set for an explosive growth trajectory, in the wake of the implementation of the Goods and Services Tax (GST) regime.
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Get the Right Roof, Wall Cladding Material for your Warehouse
India has witnessed significant strides in the e-commerce business in the last few years. The logistics chains and warehousing facilities across the country are a backbone to support this e-retail and e-commerce revolution.
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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.
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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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Clearing the Tax Clutter
India has a unique indirect tax landscape for the infrastructure sector. While the sector enjoys a plethora of concessions and exemptions, the very nature of the contracting structure is troubled with a large amount of complexities, more so on the EPC contracting side.
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Krishnapatnam Port expands its horizons, eyes east coast expansion
Krishnapatnam, the country´s largest all-weather, deep water port on the east coast of India is all set to revolutionise the export-import trade dynamics for the east-coast of India.
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GST and its impact
The Goods and Services Tax (GST) is the most radical taxation reform that is set to alter India´s economic prospects. A single indirect tax, encompassing all goods and services, is surely a welcome change.