India Warehousing Show (IWS) is India's biggest warehousing, logistics and supply chain event. The exhibition has created a huge buzz within the industry and has carved a name for itself as the most admired show.
The road ministry and the National Highways Authority of India (NHAI) are working on the proposal to set up logistics parks, announced in the recent Budget. The government is drawing up a proposal to set up warehousing zones on the outskirts of major cities through public private partnerships.
Thirty-five clusters have been identified across the country for building logistics parks to improve transportation and warehousing. Of this, 15 will be developed across states including Punjab, Haryana, Gujarat, Maharashtra and Uttar Pradesh.
October 2017 witnessed the largest ever outlay of road construction in India: Bharatmala. The programme involves around 83,000 km - including the first phase of 24,800 km - of national highways development by FY2022. It aims to bridge the critical infrastructure gap through corridor-based development, add to the country's overall GDP by 3 per cent, and unleash massive employment opportunities.
The real estate industry has significant forward and backward linkages with other industries that are pre-dominantly in the informal sector. With the unified Goods & Services Tax (GST) regime, the stakeholders are now witnessing the benefits of integration in the supply chain and the consumer will be the ultimate beneficiary of this landmark reform.
The doyen of real estate, who builds townships and communities based on world-class infrastructure, has now launched Industrial and Logistics Parks and it is going pan-India. India’s burgeoning logistics sector is estimated to require 839 million sq ft of light industrial and logistics space by 2022