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BONDED WAREHOUSE FACILITIES
How India can build a bigger oil buffer without straining the exchequerAs tensions around Iran and the Strait of Hormuz ease, India should focus not only on managing the immediate oil crisis but also on strengt...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%We are living in times when the morning may see conciliatory exchanges between the US and Iran, leading to a cooling in crude oil prices. B...
NDR InvIT to raise Rs 726.8 crore in preferential issue, accelerating drive to build India’s largest warehousing platformNDR InvIT is raising Rs 726.8 crore via preferential issue to fuel its expansion, following a recent Rs 410 crore bond issuance. This capit...
Bangladesh garment manufacturers brace for turbulence following govt decisionBangladesh's vital garment sector faces a significant challenge. A government proposal to remove bonded warehouse facilities for imported c...
Importers race to turn US warehouses into tariff-free zonesAmerican companies importing from China are quickly converting warehouses. They aim to avoid President Trump's tariffs. Bonded warehouses a...
IFC invests $75 mn in NDR InvIT’s sustainability-linked bondsNDR InvIT, India's first warehousing InvIT, secured a groundbreaking $75 million investment from IFC through sustainability-linked bonds. T...
KSH Distripark launches Domestic Container Storage Facility and introduces Container Leasing Solution in PuneKSH Distriparks' domestic container storage facility is a cost-effective alternative for businesses dealing with bulk cargo.
Maersk leases 2.43-lakh-sq-ft warehouse in Bhiwandi near MumbaiThe company will be paying lease rentals of over Rs 5.71 crore in the first year. The agreement includes a clause to escalate the rentals b...
A.P. Moller - Maersk inaugurates two warehouses in IndiaThe warehouses in Farrukhnagar, Harayana and Dadri, Uttar Pradesh, take the company's total warehousing footprint to 3.3 million sq. ft. sp...
Companies seek clarity on depreciation on capital goods imported to bonded warehousesThe government has allowed duty-free import of raw materials and capital goods for undertaking manufacturing in customs bonded warehouses (...
Companies seek clarity on imported capital goods’ depreciationMany companies have reached out to the government for clarity on whether depreciation can be availed on imported capital equipment for manu...
MOOWR– A new warehouse scheme can play a key part in India’s tradeThe revised scheme has caught the attention of many corporates in India and some large multinational companies are considering this option ...
Government to seek cabinet approval for the merger of CRWC with CWCThe government will soon seek cabinet approval for the merger of Central Railside Warehouse Company (CRWC) Limited with Central Warehousing...
Bengaluru airport opens 10,000 sq ft warehouseOperated by Cargo Service Center (CSC), the on-airport public bonded warehouse would be under the jurisdiction of theCity Commissionerate, ...
Ikea opens distribution centre in Pune; to invest Rs 750 crore in MaharashtraThe distribution centre has been set up to service its first store scheduled to be opened in Hyderabad by the middle of the year, followed ...
India partners logistics firm Bollore Africa for pharma product storageIndia has entered into a partnership with Bollore Africa to allow pharmaceutical firms from the country to store their products shipped to ...
CWC should provide more services and be competitive: Ram Vilas PaswanAddressing the foundation day of the CWC, the minister said the corporation has made a significant progress since its formation in 1957.
- Apeejay Infralogistics kick starts operations at Haldia Logistics Park
Apeejay Infralogistics Private Limited (AILPL), a 50:50 JV of Apeejay Surrendra Group and UK based Eredene Capital PLC on Tuesday inaugurat...
- Taxmen, be sporting for F1 race, if not for Jaypee Sports International (JSPL)
Sport is roaring business and needs recognition as such, not tax exemptions.
- CWC forays into international markets
The government-owned Central Warehousing Corporation (CWC) is literally going places.