Indian Logistics Sector To Attract More FDI & PE Inflows
The Dollar Business Bureau The Logistics Performance Index (LPI) released recently by the World Bank shows a startling performance by India. The country has jumped 19 positions and now stands at the 35th rank among 160 countries. This is no mere achievement as the country was at the 54th position in 2014. Taking into consideration the various factors that include policy regulation as well as supply chain performance across six sub-indices for the index, the World Bank assigns scores to each country based on their performance on those sub-indices. Anuj Puri, Chairman and Country Head, JLL India gives us a detailed look at the Indian Logistics sector and the impact that GST could have on warehousing and logistics. Among the six sub-indices, India improved the ...
Union Budget 2014-15 Feedback
He says that the Finance Minister did not reduce the import duty on gold even by 2-3% (from the current 10%) which means that smuggling of gold will continue. Vipul Shah said that the Modi government’s maiden budget did not signal any bold reforms. However, he added that the Gem & Jewelry sector is happy that its recommendations for rationalization of import duty on broken diamonds and withdrawal of import duty on pre-forms of semiprecious and precious stones have been accepted. “Also the rationalization of import duty on processed diamonds to 2.5% will help the domestic manufacturing sector,” he said. IOPEPC: Budget is the first step, India needs a favourable FTP Kishore Tanna, Chairman, Indian Oilseeds And Produce Export ...