The Budget 2024, plays a vital role in fostering growth, encouraging innovation, and equipping the logistics industry to address future challenges and opportunities.

Apace Digital Cargo has gathered industry perspectives on the expectations for the logistics sector in Budget 2024.

Here is what C K Govil, President, Air Cargo Agents Association of India (ACAAI) has to say… 

“The industry seeks tax incentives and policy reforms to promote digital transformation and green logistics practices”

“The logistics industry anticipates several key measures in the upcoming budget. Stakeholders expect increased investment in infrastructure, such as roads, ports, and warehouses, to enhance supply chain efficiency. The industry seeks tax incentives and policy reforms to promote digital transformation and green logistics practices. Simplification of GST procedures and reduced compliance burdens are also high on the wishlist. Support for skill development programs to address workforce shortages is crucial. Additionally, there is hope for favourable policies to boost last-mile delivery and cold chain logistics, crucial for sectors like e-commerce and pharmaceuticals.”