 "V Balaji of Avvashya CCI Logistics")
Our Indian economy has been growing at a rapid pace with a registered GDP growth of around 7.3 percent. The momentum however was interrupted with the sudden demonetisation announcement by the government. This has led the IMF to cut India’s growth estimate to 6.6 percent from 7.6 percent.
Impact of demonetisation on organised players has been marginal. However, this move has hindered the day to day operations of unorganised transportation and logistics players resulting in short term disruption in the supply chain. So is the case with the warehousing sector, where labourers were earlier paid in cash, the move has however
