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Don’t miss the latest developments in business and finance.
PNB signs deal with warehousing body for financing against e-NWR
Partnership will give farmers information about negotiable instrument meant to assist rural economy
Indian warehousing needs $3.8 bn to meet 223 mn sq ft demand in next 3 yrs
Top-3 sectors, namely, 3PL, e-commerce, and manufacturing & automotive, account for a 78 per cent share of warehouse leasing space across seven cities
Warehousing biz grows 45% in first 9 months of 2022 amid headwinds: Experts
Net absorption could reach an all-time high of 43 million sq ft by 2022-end as businesses open up and consumer demand improves
Farmers may soon start trading electronic warehousing receipts on e-NAM
The receipt will get the cultivator the best price for his produce. He can also obtain finance against it
Govt launches electronic warehousing receipts
These receipts are issued in negotiable form, making them eligible as collateral for loans