Once GST comes a large area can be covered from Nagpur
22-Nov-2015 :
After implementation of GST in India, there will be a paradigm shift in logistics and warehouses in Nagpur are bound to grow says Shivkumar Rao, Founder, R&Y Logistics Pvt Ltd and Vice President of VED, he was speaking at Global Nagpur Summit,
Future Group has made Nagpur its HUB he said. Logistics is the backbone of the retail sector.
Once GST comes, a large area covering Maharashtra, Telangana, Madhya Pradesh, Chattisgarh, Eastern Khandesh can be covered from Nagpur.
Presently, logistics in India is highly fragmented and out of the US$ 120 billion logistics industry, 60% is contributed by transportation and within this 75- 80% comprises truck operators with less than 5 trucks, there are multiple players, small godowns and warehouses he said.