How Logistics Industry Is Pushing Electric Vehicle Sales in India and the Impact of Green Tax
3 years, 8 months ago

How Logistics Industry Is Pushing Electric Vehicle Sales in India and the Impact of Green Tax

News 18  

The logistics sector has seen exponential growth in the last few years. With everything going on, the implementation of the ‘Green Tax’ by the government will have a big impact on the logistics sector. According to the ministry, transport vehicles older than eight years could mainly fall under the Green Tax radar right after they will get the notification of renewal of a vehicle fitness certificate. The logistics sector is years old and the change of vehicles that are causing harm to the environment is needed now to have a reliable future. As an industry, we always worked along every impactful government policy, and even with the ‘Green Tax’ imposition we’ll stand strong with the government.

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History of this topic

Economic Survey 2023-24: GST played remarkable role in reducing logistics cost
5 months ago

Economic Survey 2023-24: GST played remarkable role in reducing logistics cost

The Hindu  

The Goods and Services Tax has played a remarkable role in bringing down the country's logistics cost, Economic Survey on July 22 said. “This has reduced the logistics cost and increased the average distance trucks travel from 225 km before GST to 300-325 km,” the Economic Survey 2023-24 tabled in Parliament said. The National Council of Applied Economic Research study …

Union Govt approves electric vehicle policy to make India a EV manufacturing hub
9 months, 1 week ago

Union Govt approves electric vehicle policy to make India a EV manufacturing hub

Op India  

In a move towards bolstering India’s position as a manufacturing powerhouse for electric vehicles, the Union Government has greenlit a comprehensive scheme aimed at attracting investments in the EV sector and promoting indigenous manufacturing of EVs equipped with cutting-edge technology. The overarching objective of the newly approved E-Vehicle Policy is to facilitate the manufacturing of EVs in India, thereby providing …

India's EV import tax reduction policy signals victory for Tesla and global automakers
9 months, 1 week ago

India's EV import tax reduction policy signals victory for Tesla and global automakers

India TV News  

India announced plans to reduce import taxes on specific electric vehicles, contingent on companies investing a minimum of $500 million and establishing a manufacturing plant within three years, signalling a significant policy pivot. Beyond Tesla While Tesla stood to benefit significantly from the policy, it also paved the way for other global automakers to tap into India's automotive market, the …

Top Trends Expected to Define the Shipping and Logistics Industry
1 year, 5 months ago

Top Trends Expected to Define the Shipping and Logistics Industry

Deccan Chronicle  

In the rapidly changing shipping landscape, the shipping and logistics industry in India is expanding and adopting progressive approaches to improve customer experiences and streamline cross-border shipping. The shipping and logistics industry receives support from both technology and the government, working together to ensure exceptional service and a seamless shipping experience. Top trends in shipping and logistics industry : â- …

Budget 2023 Expectations: Focus On Air Cargo, Adequate Funding Under National Logistics Policy
1 year, 11 months ago

Budget 2023 Expectations: Focus On Air Cargo, Adequate Funding Under National Logistics Policy

News 18  

Union Budget 2023: Prime Minister Narendra Modi launched the National Logistics Policy last year in order to ensure quick last mile delivery, end transport-related challenges, save time and money of the manufacturers, and prevent wastage of the agro-products. Kami Viswanathan, senior vice president, FedEx Express, Middle East Indian Subcontinent and Africa Operations, shared that while the NLP will be pivotal …

India’s policy impact challenge: Why it exists and how to meet it
1 year, 11 months ago

India’s policy impact challenge: Why it exists and how to meet it

Live Mint  

In the history of India, there have been critical junctures when the policy terrain saw significant reforms. India’s efforts toward creating shared prosperity must take into account the importance of having an efficient policy implementation architecture. In order to correctly assess the policy challenges that India faces, especially at the implementation level, one must attain a thorough understanding of our …

India has potential to become global leader in EV production: Research
2 years, 1 month ago

India has potential to become global leader in EV production: Research

Hindustan Times  

India has the potential to become a global leader in the production of electric vehicles, a recent research stated. Recent research has said that India has the potential to become a global leader in the production of electric vehicles. The research titled "Freight Trucks in India are Primed for Electrification" carried out by the Berkeley National Laboratory and UCLA last …

Decoding National Logistics Policy. How Will It Contribute To Govt’s Ease Of Doing Business
2 years, 3 months ago

Decoding National Logistics Policy. How Will It Contribute To Govt’s Ease Of Doing Business

ABP News  

In a bid to promote seamless movement of goods across India and improve the competitiveness of products in domestic as well as global markets, the central government rolled out the National Logistics Policy in September. Key Takeaways There will be digital integration of different systems of some departments such as road transport, railways, aviation, commerce ministries, and foreign trade This …

National Logistics Policy: Decoding PM Modi’s Return Gift to India on 72nd B’day That Will Aid 22 Million People
2 years, 3 months ago

National Logistics Policy: Decoding PM Modi’s Return Gift to India on 72nd B’day That Will Aid 22 Million People

News 18  

Prime Minister Narendra Modi, on the occasion of his 72nd birthday, gifted to the country the National Logistics Policy, which is aimed at promoting seamless movement of goods and enhancing the competitiveness of the industry. “The need for a national logistics policy was felt since the logistics cost in India is high as compared to other developed economies. On September …

PM Modi unveils National Logistics Policy, aims to cut transport cost
2 years, 3 months ago

PM Modi unveils National Logistics Policy, aims to cut transport cost

India TV News  

Highlights PM Narendra Modi will launch NLP today at the Vigyan Bhawan in New Delhi Need for policy was felt since logistics cost in India is high compared to other nations: PMO National Logistics Policy aims to pave the way for exponential growth during Amrit Kaal National Logistics Policy 2022: Prime Minister Narendra Modi launches the National Logistics Policy on …

The GST launch: An inflection point for India’s logistics sector
2 years, 5 months ago

The GST launch: An inflection point for India’s logistics sector

Live Mint  

Five years after the GST roll-out, one can say that India has truly benefited from this game-changing implementation of “One nation one Tax”. Logistics service providers have become part of manufacturing supply chains. It is estimated that for each percentage-point rise in manufacturing sector output, the logistics and supply chain industry has to grow one-and-a half times as much. One …

Budget 2022: Implement National Logistics Policy to ease supply chain bottlenecks
2 years, 11 months ago

Budget 2022: Implement National Logistics Policy to ease supply chain bottlenecks

Firstpost  

Union Budget 2022-23: With India aiming to be a $5 trillion economy, the logistics sector will be a crucial enabler in achieving this The buzz around the Union Budget 2022–2023 is getting strong now that the government is expected to sustain India’s economic growth amidst the prevailing third wave of the COVID-19 pandemic. India’s logistics sector faces a yawning competitiveness …

A tax fix for our stalled automobile industry
3 years, 2 months ago

A tax fix for our stalled automobile industry

Live Mint  

Ford Motor’s exit from India—joining the ranks of General Motors, Harley Davidson, Volkswagen Group’s Man trucks—has cast a spotlight on our beleaguered auto industry. Of course, recent trends within the industry present a picture of variation: Motor cars registrations have smartly recovered, showing robust growth over their covid depths, while two-wheeler volumes remain down, according to the Vahan Dashboard of …

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