2014-01-09 23:05:03 - Warehousing Industry in India - 2013-17 - a new market research report on companiesandmarkets.com
The warehousing industry in India is currently valued at INR 745bn (FY 2013) and has been growing at 15% for the last 3 years. The industry will grow at a rate of 18% till 2017.The unorganized sector will continue to dominate, accounting for around 90% of the industry by 2015. Of the organized sector, the industrial segment will constitute a higher share of warehousing demand, viz. engineering, pharmaceutical and electronics goods.Various policy changes are expected to impact the warehousing sector in India. These include the introduction of the Goods and Service Tax (GST), National Policy on Handling, Storage and Transportation, and increasing Public-Private Partnerships (PPP).
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