Reaction on Union Budget - Rhenus Logistics India..
Mr. Vivek Arya, MD, Rhenus Logistics India P. Limited
 |
| Vivek Arya, MD, Rhenus Logistics India P. Limited. |
Finance minister’s
much awaited decision to levy GST, from April
2016, will boost the logistics sector. Progress in DMIC and other
infra-projects will create more investment in the country leading to more job
opportunities and economic growth. Government has earmarked Rs.1,200 crore for
DMIC, if undertaken in a systematic and timely manner, would definitely
give a boost to the Logistics sector in particular and economy in general.
Additionally,
the government run ports are encouraged to corporatise which will help in
development of these struggling ports and also to manage the rise in cargo
demands efficiently. Further, FMs announcement to rationalise Capital gain regime for REITs/ INVITs will
bring more investment in real-estate and infrastructure development in the
country. We welcome the proposal to raise investment
in infrastructure by Rs.700 billion in 2015-16 which will further boost the
growth opportunities for the logistics industry.
About Rhenus Logistics India:
Rhenus
Logistics, an integrated Logistics Company has an annual turnover of Euro 4
billion globally. In India Rhenus is
a Joint Venture with the “Arya” Family which has been in the
business of Domestic Transport & logistics services for over 6 decades.
Rhenus India
is an ISO 9001:2008 certified company and is active in all modes of transport
which is road, rail, air and ocean. We also provide Customs Brokerage, Project
Logistics & Warehousing Services to our customers through both dedicated
and shared facilities. Our services cover the entire process chain; from
procurement of raw materials to distribution of finished products. We also
provide in-plant services by helping our customers outsource some of their
internal processes.
Currently Rhenus Group in India employs close to 800
employees and we are growing over 50% year on year. With professionally qualified
employees across verticals, we provide logistics solutions for a large variety
of shipments encompassing almost all industry segments including electronic
goods, chemicals, pharmaceuticals, and automobile industry etc.
Rhenus employs over 24,000 people at more than 350
locations worldwide. The Rhenus business areas – Contract Logistics,
Freight Logistics, Port Logistics and Public Transport – manage complex
supply chains and provide a wealth of innovative value-added services.
For further details, please visit - www.rhenuslogistics.com
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