“GST will play a critical role in next level of growth. For India to truly realize its potential as an international trade hub, we need globally accepted policies & regulations like GST, to add efficiency in the system along with cutting down unnecessary costs and making it affordable. From a macroeconomic level, GST for the economy if implemented to its fullest, will be a game changer. Infrastructure and Logistics is India’s economic backbone, thus GST implementation will certainly help the industry. More importantly GST will make transaction costs of doing business from India especially EXIM more competitive and make the logistics value chain of our country more efficient”.Mr. Shashi Kiran Shetty – Executive Chairman Allcargo Logistics Ltd
About Allcargo Logistics Ltd:
As part of the Avvashya Group, Allcargo Logistics is an integrated logistics multinational, headquartered in India. As one of India’s largest publicly listed logistics companies Allcargo operates across 90 plus countries through 200 plus offices globally. Its services comprise global Multimodal Transport Operations (NVOCC, LCL & FCL), pan India CFS/ICD operations, Project and Engineering Solutions (Project Logistics & Equipment Hiring Solutions), Ship Owning & Chartering and 3PL & Warehousing services. Allcargo Logistics is the world’s largest Less-than-Container-Load (LCL) consolidator by revenue, surpassing USA after the acquisition of US-based Econocaribe Consolidators Inc. in September 2013.