V-Trans (India), a provider of single-window logistics solutions, announces six new branches in East India with deeper penetration in business verticals.

From December 15, the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme will be extended to Chemicals, Pharmaceuticals, and Iron & Steel Articles.

As part of the nationwide celebrations, the Ministry of Finance’s Central Board of Indirect Taxes and Customs (CBIC) hosted an event at Mumbai’s New Custom House.

Organising and Predictability Will Increase in the Warehousing Sector – Industry Expert Nihar Parida, Industry Specialist – Warehousing and Logistics, chooses to believe that, finally, the government is addressing the Indian supply chain industry by doing more than just talking about it.

The NLP clearly outlines warehousing as one of the key areas of focus and development. The government in collaboration with industry has now formulated a clear minimum requirement for the classification of Grade A warehousing.

The National Logistics Policy, according to Vikas Yadav, Director, Future Warehouse Solutions, intends to lower India’s high logistics costs and is undoubtedly a stepping stone for the expansion of the warehousing industry.

The new policy which was recently unveiled by our honorable prime minister will reduce the logistics cost for improving the competitiveness of Indian goods both in domestic as well as in international export markets.

Sujeet Vichare, Sr. Sourcing Manager, WorkStore, Lightening Division -RLT, opines, that multinational companies like Amazon, DHL, Maersk, and others encouraged Indian warehouse operators to raise standards and catch up with international standards in the warehousing industry.

Kale and Dagang NeXchange are to pilot a first-of-its-kind digital platform to connect airport stakeholders at Kuala Lumpur International Airport, Malaysia.

Freight, or the movement of goods, is the need of the hour and will always be necessary for the smooth functioning of an economy.

India’s opportunities in warehousing are riding on the growing demand of online retail, which is opening up warehouses in tier 1 and tier 2 cities apart from collaborating with logistics service providers across the country.

Akash Bansal, Country Head, Om Logistics believes that there is a long way for the Warehousing sector to go and that significant upgrades in warehousing infrastructure and capabilities are needed to match international standards.