Friday, December 22, 2017

Haryana, Assam to emerge as preferred warehousing hubs in India: CRISIL

Warehousing cost for FMCG, white goods to dip 25-50 percent Logistics


December 21, 2017: Warehousing cost for consumer durables is set to halve, and is likely to dip by 25-30 percent for fast-moving consumer goods (FMCG) after the implementation of the Goods and Services Tax (GST) regime.Consequently, the number of warehouses that a consumer durables company has can reduce to 10-12 from a typical 25-30, and to 30-35 from 45-50 for FMCG companies. Similarly, the size of warehouses would become bigger, and turn into the so-called big boxes.A

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