The Goods and Services Tax (GST), which got introduced on July 1, is expected to be a good turn for the organised logistics players going forward. The logistics industry in India is likely to grow at a rate of 9-10 per cent over the medium-term, supported by underlying structural p…
Tag: Brijesh Lohia
‘E-way bill will be a litmus test for Indian logistics industry’
Indian logistics players concerns over the imposition of e-way bill (an electronic way bill), as the policy determines the validity of the bill depending upon the distance the goods are to travel. Adding to the woes is a rule that every change in the medium of conveyance will require generating n…
RBI recognizes development of ports and logistical services inclusive to the growth of the economy
Mumbai, 09th June 2016: RBI in its recent monitory policy has clearly stated that increase in capacity of ports is integral to the growth of the economy. It also recognizes development of infrastructure, including ports, roads, and railways as a positive sign of economic revival in the past few y…
Global Ocean Group continues expansion, opens three more branches in India
Mumbai, 02nd June 2016: Global Ocean Group, one of the leading pioneers in the logistics industry, announced today that it has opened new branch offices in Pune, Nagpur and Aurangabad. They have now 15 branches nationwide and opened to meet the needs of the company’s expanding client base. The of…