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1.Pick-up in manufacturing activity post GST provides impetus to logistics sector, medium term growth likely to be 9-10 per cent

The pick-up in the economy and industrial output through the second half of the current fiscal post the implementation of the landmark tax reform – GST, has also been visible in the improved performance of logistics companies in India.

2.About 24 multi-modal logistics parks planned under Bharatmala programme

The government is committed towards providing world-class transport and logistics infrastructure in the country to support the growth of economic activity.

3.Here’s why 2019 will be an interesting year for Indian real estate!

Demand for logistics infrastructure is booming in India due to the introduction of Good and Services Tax (GST), which has revolutionised how goods are delivered across the country, according to the Emerging Trends in Real Estate Asia Pacific 2019, a real estate forecast jointly published by the Urban Land Institute (ULI) and PwC.

4.The market is expected to grow at about 9-10 per cent YOY in the next five years

The current material handling equipment (MHE) market is a highly competitive one with a number of local and international brands providing solutions for various product needs in different price segments. Local manufacturers continue to dominate the market with value for money products, but face competition from Chinese players on the price side and from European and Japanese brands on the technology front.

5.RGTIL delays project due to absence of gas

Reliance Gas Transportation Infrastructure (RGTIL) is de­laying physical work on the cross-country natural gas pipe­line due non availability of gas.