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Economic Times

Warehousing Turns a New Leaf with Eye on GST Raj

Consumer goods cos are leading the way with consolidation of their supply chain operations
New-age warehousing and logistics in India would be midwifed by the goods and services tax, which also aims to transform the South Asian nation into an integrated market for the first time since Independence.
 
Small and often ill-equipped storage space would now give way to neatly stacked, air conditioned warehouses, with higher levels of automation, as India ushers in the biggest tax reforms since 1947. Driving change in the supply chain landscape are consumer goods companies such as Hindustan Unilever, Glaxo Smithkine, and Johnson & Johnson.
 
These are now putting out tenders for consolidating their supply chain operations into bigger warehouses. The new facilities will now cover about 450,000500,000 square feet of space, almost five times the biggest warehouses in India right now.
 

Read the complete news here -

http://epaperbeta.timesofindia.com/Article.aspx?eid=31816&articlexml=Warehousing-Turns-a-New-Leaf-with-Eye-on-15052017013015

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