Don’t miss the latest developments in business and finance.

Firms to pool warehousing

Image
Anil Sasi New Delhi
Last Updated : Jan 28 2013 | 2:33 AM IST
 Corporates including Johnson & Johnson, LG electronics, Lupin, Ranbaxy are planning to shift to a central warehousing model, courtesy the improvement in the roads network due to the ongoing National Highways Development Project (NHDP) and the possibility of a Value Added Tax (VAT) regime coming into place.

 The trend among most companies so far was to have a large number of regional warehouses, due to problems in accessing their wholesale and retail outlets in time due to the dilapidated roads.

 With the first phase of the NHDP

More From This Section

First Published: Nov 20 2003 | 12:00 AM IST

Next Story