India projects $15 billion domestic bio-fuel market by 2030

Indian Oil Minister, Dharmendra Pradhan, estimates that a government regulated move towards sustainable or bio-fuels will capture the growing demand for petrol and diesel in the country. Mandatory blending programmes will require 20% ethanol in petrol and 5% bio-diesel in diesel by 2030. As the demand for petrol rises from 30 billion litres to 50 … Continue reading “India projects $15 billion domestic bio-fuel market by 2030”

Logistics sector gets infrastructure status in India

In an effort to amalgamate development efforts, the Indian government has included logistics including cold chain and warehousing facilities within the gambit of infrastructure sub-sectors. The integrative move facilitates cohesive strategies to plan transportation, energy, telecommunications, social and commercial networks. How does the Indian government define logistics infrastructure? The following logistics sector developments qualify as … Continue reading “Logistics sector gets infrastructure status in India”

GST implementation creates widening two-speed economy

The GST has driven a chasm between large enterprises who have adopted the national tax and a plethora of small businesses who remain burdened by compliance costs. Larger entities have grown market share while transitory disruptions withheld their smaller competitors. Considering that small businesses contribute to nearly half of India’s economy, a systematic bottleneck across … Continue reading “GST implementation creates widening two-speed economy”

Sharaf Group boosts its investments in India’s logistics, infrastructure

UAE’s Sharaf Group will boost its investments in India’s logistics parks, infrastructure and food sectors as the country becomes more business-friendly for foreign investors. “We have presence in five logistics parks in India and plan to add 10 more cities. Our focus is infrastructure because India lags in this segment,” Sharaf said. The company has … Continue reading “Sharaf Group boosts its investments in India’s logistics, infrastructure”

Tech-powered logistics reforms rocket India’s World Bank ranking

As tech-powered solutions automate and optimise previously analogue models of operation, India experiences the domino effect of organising an industry that facilitates all other industries. The nation’s ‘ease of doing business’ ranking by World Bank bounced up 30 spots, placing India in the Top 100 business-friendly countries on the planet. Logistics costs India roughly 14.4% … Continue reading “Tech-powered logistics reforms rocket India’s World Bank ranking”