Cargo Shipping Market to reach 12.52 billion tonnes by 2021
The Cargo Shipping Market is likely to grow at a CAGR of 3.5 % from 2016 upto 2021 according to report Cargo Shipping Market – Global Trends and Forecast upto 2021. The growth in...
Category: Shipping/Logistics
GST can lower cost of logistics industry by 20 per cent
Logistics industry is projected to grow at a compounded annual growth rate of 15-20 per cent between 2015-16 and 2019-20 that will get a further boost if GST is rolled out from this year,...
CM to take up Colachel port issue with PM
The State government has apprised the Centre of its concerns about the in-principle clearance to set up a port at Eenayam in Colachel, 30 km from Vizhinjam, Chief Minister Pinarayi Vijayan has said. Replying...
Logistics parks for INR 30,000 cr to aid cargo flow, cut costs
The government has prepared a road map for setting up 15 multi-modal logistics parks around major cities, which have a share of about 40% of country’s freight movement by road. With an estimated investment...
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