Page 14 - Logistics Sector

Domestic, global logistics companies look to India for increased investment

While Goods and Services Tax (GST) continues to remain in a state where several loose ends still need to be tied, logistics companies-both domestic and global, are not just bullish about the sector but are actively making investment plans for the coming fiscal."For us, I do not see investments getting hampered if GST gets delayed. GST can only add to our current investment plans. As of now, in a growing logistics market like India, higher investments are much a need of the business to improve earnings and streamline operations," said Abhishek Chakraborty, executive director at DTDC Express. The Bengaluru-based company has 60-65 percent of its total revenue coming from express business where it competes with logistics express giants like Blue Dart, Fedex. Apart that, DTDC is into supply chain as well as the e-commerce segment. "We plan to invest about Rs 20-25 crore through internal accruals of which a part will go into technology, hardware and increasing head count. Also, over next ...

Logistics shares extends gain; Gati, Snowman up over 3%

Gati, Patel Integrated, Snowman, TCI, Allcargo Logistics, Gateway Distriparks and VRL Logistics were up 1%-5%

Logistics stocks trade weak ahead of vote on GST

Snowman Logistics, Allcargo Logistics, VRL Logistics, GATI and Transport Corporation were down by 1%-3% on the BSE.

India can save $50 billion if logistics costs are lowered: Study

If costs are brought down to 9% of GDF from current 14%, savings are likely, the study states

Ashok K Lahiri: Removing the roadblocks before logistics

To improve the efficiency of the logistics sector in India, road transportation has to become more efficient

Ashok K Lahiri: Logistics as an 'industry'?

Hard physical support for the logistics sector is included under infrastructure & eligible for preferential financial & tax treatment