Ware­houses need to up­grade

Land ac­qui­si­tion, sup­ply chain strat­egy, mul­ti­ple taxes, tech­nol­ogy, flex­i­bil­ity are the top pri­or­i­ties that In­dian ware­hous­ing sec­tor should look at to­day and ex­plore this op­por­tu­nity.

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The Con­fed­er­a­tion of In­dian In­dus­try – In­sti­tute of Lo­gis­tics (CII) or­gan­ised a con­fer­ence on “Build­ing Ware­hous­ing Com­pet­i­tive­ness 2014 – En­abling Ful­fill­ment” re­cently. The event was in­au­gu­rated by

Di­nesh Rai, Chair­man, Ware­hous­ing De­vel­op­ment and Reg­u­la­tory Au­thor­ity (WDRA).

“Ware­hous­ing is im­por­tant for ev­ery sec­tor, be it agri­cul­ture or in­dus­try sec­tor” said Rai. He fo­cused on how to bring ef­fi­ciency, mod­ern tech­nol­ogy and more suc­cess­ful peo­ple in this sec­tor.

“There is a dire need to look upon con­cern such as Goods and Ser­vices Tax (GST) to avoid lo­cal taxes, as­sim­i­late mul­ti­modal trans­port sys­tem such as ef­fi­cient lo­gis­tics park to rise above the in­ef­fi­ciency and in­ad­e­qua­cies of this sec­tor.”

Rai pointed out that to pro­mote ware­hous­ing sec­tor we need to rec­tify is­sues like land ac­qui­si­tion and mul­ti­ple taxes.

Among oth­ers who ad­dressed the con­fer­ence were Anshuman Singh, Mem­ber, CII In­sti­tute of Lo­gis­tics Ad­vi­sory Coun­cil and MD & CEO of Fu­ture Sup­ply Chain So­lu­tions, Raj Bene­halkar, Chief, Risk Man­age­ment, AM Vish­wanathan, Mem­ber CII In­sti­tute of Lo­gis­tics Ad­vi­sory Coun­cil & Ex­ec­u­tive Vice Pres­i­dent Go­drej and Boyce Man­u­fac­tur­ing. The chair­man of WDRA re­leased the pub­li­ca­tion.

On de­liv­er­ing the wel­come ad­dress, Singh said, “Mod­erni­sa­tion and au­to­ma­tion is an ex­treme must for In­dian ware­hous­ing sec­tor. Au­to­ma­tion and tech­nol­ogy is a glob­alised prod­uct in ware­hous­ing.”

Raj Bene­halkar said, “Ware­hous­ing may be the unglam­orous sec­tor but it is a most crit­i­cal seg­ment in the growth of our econ­omy”, in adding, “In­dia would be in the top five coun­tries in pro­duc­tion and con­sump­tion but the boost in this sec­tors de­mands lat­est tech­nol­ogy and in­no­va­tions.”

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