Employees wrap packages at the warehouse of an e-commerce company in New Delhi. File/Reuters
The measures announced recently in the Union Budget granting 100 per cent tax exemption on interest, dividend and capital gains income to Sovereign Wealth Funds (SWFs) investing in infrastructure, will further help boost investments in affordable housing and logistics, according to JLL research.
In what could be a key indicator of consumer demand and growing confidence, the Indian warehousing sector has shown a robust growth at 25 per cent y-o-y with the total warehousing space at 211 million sq. ft. at the end-2019 compared to 169 million sq. ft., a year ago.
The cold storage market in India is currently very fragmented and unorganised with facilities being largely setup on an ad-hoc basis. As of 2020, India has about 8,200 cold storage facilities,
The Libya Stabilisation Conference in Tripoli supported the timely conduct of the presidential poll set for December 24. The conference was attended by the foreign ministers of the Arab states, Italy and France, the officials of the
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