Reinforcing compliance management in industrial estates

Whether it’s a conventional warehouse, a modest godown, refrigerated storage, or a modern distribution centre, businesses are actively seeking warehousing solutions. In addition to conforming to global standards, businesses have to comply with the associated regulatory requirements, writes Rishi Agarwal, Co-founder and CEO, TeamLease RegTech.Rapid economic growth in India has paved the way for industrialisation. As more and more companies seek to diversify their supply chains, India is now in a position to benefit from a ‘China Plus One’ strategy. There has been an increase in demand for warehousing services as more corporations relocate their production facilities to India. The rise in demand for Grade A warehouses has been fueled in part by the e-commerce growth and rising household consumption.To read the full story, CLICK HERE.