FTWZS & Logistics Parks Fostering Growth
Indian Transport & Logistics News|July - August 2018

These are heady times for India’s logistics sector. as the country aspires to become a global powerhouse for manufacturing, government initiatives, unified tax reforms and increasing transparency give that extra edge to the sector. What’s more, free trade warehousing zones and logistics parks offer significant opportunities for collaboration and private sector investments.

Surya Kannoth
FTWZS & Logistics Parks Fostering Growth

The Indian logistics sector is undergoing a quiet revolution. Changing regulatory set-up, government incentives, infrastructure development projects, increasing transparency, relaxed tax structures to encourage participation of foreign and private players in the sector and dedicated logistics parks and Free Trade Warehousing Zones (FTWZ) are fostering the growth of the logistics market in India.

The fiscal budget for 2018 indicates a clear push for the logistics sector and an expected increase in investment of Rs 5.97 trillion in creating and upgrading its infrastructure. India now allows 100 percent FDI in the development and maintenance of warehousing and storage facilities. Under the Free Trade Warehousing Zone (FTWZ) Scheme, several designated zones in India are reserved for warehouse development. Panvel near Mumbai, Khurja near New Delhi, and Sri City near Chennai, are some of the designated FTWZs. The connectivity of these zones with major railways, roads, airways, and ports is well established. Incentives such as duty free import of building materials and equipment for these zones are attracting investors to this sector.

هذه القصة مأخوذة من طبعة July - August 2018 من Indian Transport & Logistics News.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة July - August 2018 من Indian Transport & Logistics News.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من INDIAN TRANSPORT & LOGISTICS NEWS مشاهدة الكل
IndoSpace to invest ₹4500 cr in Tamil Nadu over next three years
Indian Transport & Logistics News

IndoSpace to invest ₹4500 cr in Tamil Nadu over next three years

IndoSpace announced plans to increase its investments up to ₹4,500 crore in new logistics and warehouse parks in Tamil Nadu.

time-read
1 min  |
November - December 2024
TVS ILP to invest ₹200 crore to build grade-A logistics park in Indore
Indian Transport & Logistics News

TVS ILP to invest ₹200 crore to build grade-A logistics park in Indore

TVS Industrial & Logistics Parks (TVS ILP) has announced its entry into the Indore market by acquiring 20 acres of land in Pithampur Sector 7 from the Madhya Pradesh Industrial Development Corporation (MPIDC).

time-read
1 min  |
November - December 2024
KSH opens new 40,000 sq ft multi-client warehouse in Bangalore
Indian Transport & Logistics News

KSH opens new 40,000 sq ft multi-client warehouse in Bangalore

KSH Integrated Logistics announced the expansion of its warehousing operations in Bommasandra, Bangalore with a multiclient warehousing facility spreading across 40.000 sq ft.

time-read
1 min  |
November - December 2024
TATA-Airbus opens the C295 aircraft manufacturing facility in India
Indian Transport & Logistics News

TATA-Airbus opens the C295 aircraft manufacturing facility in India

In a major boost to India’s defence and aviation industries, in October 2024 Indian Prime Minister Narendra Modi and Spanish Prime Minister Pedro Sanchez jointly inaugurated the TATA Aircraft Complex in Vadodara, Gujarat, where the Airbus C295 aircraft will be manufactured.

time-read
1 min  |
November - December 2024
FedEx partners with Invest India to support One District One Product
Indian Transport & Logistics News

FedEx partners with Invest India to support One District One Product

FedEx announced its collaboration with Invest India to support the Government of India’s One District One Product (ODOP) initiative and aim to boost the growth of Indian small businesses by providing them with access to global markets, capacity building, and branding opportunities.

time-read
1 min  |
November - December 2024
UPS launches tempcontrolled pharma facility in Hyderabad
Indian Transport & Logistics News

UPS launches tempcontrolled pharma facility in Hyderabad

UPS has launched its specialised healthcare focused cross-docking facility in Hyderabad.

time-read
1 min  |
November - December 2024
SeaLead's ANIDEA service to connect Asia, India & East Africa
Indian Transport & Logistics News

SeaLead's ANIDEA service to connect Asia, India & East Africa

SeaLead has announced the launch of its revamped ANIDEA(Asia and India, East Africa) service, connecting the Far East, West India, and East Africa.

time-read
1 min  |
November - December 2024
JSW Infrastructure to develop Murbe Port near Vadhvan
Indian Transport & Logistics News

JSW Infrastructure to develop Murbe Port near Vadhvan

The Maharashtra Maritime Board (MMB) has granted a letter of intent to JSW Infrastructure to develop a multipurpose port at Murbe in Palghar on public-private partnership (PPP).

time-read
1 min  |
November - December 2024
Adani Ports H1FY2025 net profit up 42% at ₹5,520cr
Indian Transport & Logistics News

Adani Ports H1FY2025 net profit up 42% at ₹5,520cr

Adani Ports reported a 42 percent increase in net profit at ₹5,520 crore for the first half of the financial year 2024-25 compared to ₹3,381 crore in the same period last year.

time-read
1 min  |
November - December 2024
Sustainable supply chains From emissions to efficiency in India
Indian Transport & Logistics News

Sustainable supply chains From emissions to efficiency in India

India's logistics sector is rapidly adopting sustainability measures to cut emissions and enhance efficiency, aligning with the country's pledge to reduce emissions intensity by 45% by 2030.

time-read
7 mins  |
November - December 2024