GST rolls out red carpet for warehousing

Our esteemed winners of India Cargo Awards express on how warehousing is going to be a game changer with the implementation of the much-awaited Goods and Services Tax (GST).

Best Multi Modal Freight Forwarding Company (North & East 2016): Cargopeople Logistics & Shipping Warehouses enable direct sales

Manuj Adlakha, Managing Director, Cargopeople Logistics & Shipping, says, “The manufacturers will be able to do direct sales from warehouses instead of moving their cargo to various outlets all over the country. Now after the GST, the decision to own/lease of the warehouse will depend on the location of the major customers.”

Emerging Supply Chain Provider (West & South 2016): Dimerco Express (India) A surging trend

Praveen Dadala, Country Manager, Dimerco Express (India), shares, “Warehouses are normally operated either at the point of manufacturing or near to port of import/export or at location where your customers are. The emergence of new hubs is still a few years away from the time actual implementation of GST.”

Emerging Freight Forwarder (West & South 2016): Tripath Logistics Affordable improved service levels

Arokianathan M, Director–Operations, Tripath Logistcs, says, “With rationalisation of warehouses and transport network, GST would eliminate the existing penalties on interstate sales transactions and facilitate consolidation of vendors and suppliers. This will eliminate the need to have state-wise warehouses.”

Best Logistics Service – Surface (West & South 2016): Dexters Logistics Decoding the tax regime

Dinesh Singh, Chief Mentor, Dexters Logistics says, “GST is the hot trending topic and the trend is going to be determined by such tax regimes and associated scenarios. Our industry has warehouses in Tier 2 & 3 cities. It may take another five years down the line to decide who all survives in the flood of warehouse-boom.”

Best Warehousing Company (West & South 2016): Spear Logistics Opportunities galore

Bipin Kulkarni, VP–Sales, Spear- An FM Logistic Company, tells, “As GST is around the corner, we are already witnessing lot of new opportunities in warehousing sectors. For many companies, actual realignment of supply chain will take minimum one to 1.5 years after GST implementation. 3PLcompanies like Spear will be the GST’s biggest beneficiaries.”

Emerging Logistics Company (North & East 2016): Aardour Worldwide Logistics Inventory efficiency

Sarini Sachdeva, CEO, Aardour Worldwide Logistics, shares, “Companies may opt for warehouses at specific locations on the basis of hub and spoke model. We can safely assume GST will have a direct impact on the total count of warehouses in a supply chain. GST would have a huge impact on inventory efficiency.”