GST, infrastructure status props up warehousing realty growth

    The implementation of the Goods & Services Tax (GST) has sparked significant structural shifts in the Indian warehousing segment with smaller and fragmented warehouses getting consolidated into centralized warehousing hubs and an increasing focus on supply chain efficiencies. Between 2014 and 2016, warehousing supply clocked compounded annual growth rate (CAGR) of 15%. Following the implementation of GST, it has now increased to an expected CAGR of 21% for Grade A warehouse stock projections between 2017 and 2021 in the top eight cities of India, showed a KPMG India report. Read More...

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