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.

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.”