GST-driven freight demand hike boosts Transport Corp. India profits by 23%

Image by: India CSR TCI’s net profit recorded for July-September increased from INR 19.7 crore in 2016 to INR 25.6 crore (USD 3.9 million) in 2017. Year-on-year revenue for the same time period also increased by 16.6%. The boost is likely a result of GST driven freight demand upticks. After its July rollout, the GST-induced … Continue reading “GST-driven freight demand hike boosts Transport Corp. India profits by 23%”

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”

Hyperloop One vs. the bullet train: what’s right for India?

Hyperloop One is yet to receive investments from India’s public or private sectors despite Railway Minister, Suresh Prabhu expressing keen interest in the project. Hyperloop CEO, Rob Lloyd, recommends ditching the bullet train for high-speed pods with lean infrastructure and smaller environmental footprints. If implemented, the magnetically propelled tube-travel has the potential to jet from … Continue reading “Hyperloop One vs. the bullet train: what’s right for India?”

The GST and road freight transport: What can Goods Transport Agencies expect from the national tax?

The GST levies a flat 5% tax on all transport but issues unique provisions to match the operations of road freight transporters. What is a GTA? The GST defines Goods Transport Agencies or GTAs as any individual or organisation that provides on-road transport services and is authorised to issue consignment notes for each transaction. Consignment … Continue reading “The GST and road freight transport: What can Goods Transport Agencies expect from the national tax?”

3 reasons warehouses corner high-value investments in Indian logistics

Transportation, warehousing and administration represent a tripartite of critical nodes in Indian logistics. The steady buildup of global private equity and real estate funds clamouring to place high-value bets on India’s warehousing sector specifically has reached an audible fever pitch. This soaring optimism has in turn driven momentous ripple effects, eliciting billions of dollars in … Continue reading “3 reasons warehouses corner high-value investments in Indian logistics”