Logistics Blogs

Logistics: The ride gets better with GST

Posted by: Afsal T I | Logistics

Logistics is the back bone of Indian industry, especially for manufacturing and e-commerce industry. Logistics includes movement and storage of goods, flow of information and value added services etc. The main functions of logistics involve transportation, warehousing, inventory management, order processing, packaging, outsourcing, and material handling. Indian logistics industry can be divided into four segments: Transportation – 60% (Road – 36%, Rail – 19%, Water – 5% and Air – 1%), Warehousing – 25%, Freight forwarding – 10%, and Value added logistics – 5%.

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