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Technology Boost for Logistics
With the advent of GST and giving infrastructure status to logistics sector, many logistics companies are investing heavily in warehouse space and infrastructure.
GST positive for road logistics sector
The effect of the GST implemented in July 2017 has been largely positive for the road logistics sector and has led to several benefits. As per ICRA's comprehensive survey covering approximately 50 transport companies pan-India and 15 consumer-oriented companies across various sectors, the findings have been encouraging, though a lot remains to be achieved.