Published on 28/01/2023 10:01:10 AM | Source: PR Agency
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Below is quote on Budget 2023 expectation by Logisitcs Sector from Mr. Anshuman Singh, MD & Chairman, Stellar Value Chain Solutions
As the consumer and ecommerce sector and D2C segments have redefined the logistics performance metrics with the introduction of time and cost-efficient delivery, the union budget should propose incentives to encourage digitisation and data-driven tech adoption. The government in the upcoming budget should also propose incentives in terms of capital subsidies for encouraging private investments in setting up grade-A warehouses at key logistics hubs in tier-2 or tier-3 towns, as the domestic logistics market is steadily expanding to various emerging consumption centres in semi urban and rural areas."
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