ResearchMoz.us include new market research report " Warehousing Market in India 2014: Industry Size, Shares, Growth, Analysis, Trends And Forecast" to its huge collection of research reports.
Warehousing Market in India 2014 states that the demand for good quality state-of-the-art warehouses will be a major requirement in the country given the growing logistic industry. The evolution from storage go-downs to multipurpose logistic centers is highly desired as warehouses form a crucial supply chain element holding the key to both customer satisfaction and cost reduction.
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The current fragmented state of the sector coupled with growth in the overall economy provides tremendous potential for the warehousing sector to flourish. A surge of government initiatives in the form of Warehousing Regulation & Development Act (WRDA) of 2007 ensures to eliminate pseudo warehousing companies and Goods and Services Tax (GST) that aims at standardizing tax rates across the nation, policies promoting Free Trade Warehousing Zones (FTWZs) will encourage the addition of a significant level of modern warehousing capacity in the country.
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Further, significant investment in infrastructure for improvement of cargo transport modes, ICD/CFS and 100% FDI in logistics has provided a tremendous boost to the warehousing market. Emergence of third party logistics service, PE activity in warehousing market, adoption of WMS is some recent emerging trends in the warehousing market.
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