Domestic, global logistics companies look to India for increased investment

Industry officials say investment plans not dependent on GST implementation

While Goods and Services Tax (GST) continues to remain in a state where several loose ends still need to be tied up, logistics companies -- both domestic and global -- are not just bullish about the sector but are actively making investment plans for the coming fiscal as well.

"For us, I do not see investments getting hampered if GST gets delayed. GST can only add to our current investment plans. As of now, in a growing logistics market like India, higher investments are much a need of the business to improve earnings and streamline operations," said Abhishek Chakraborty, executive director