SUBSCRIBERS

City in centre of India poised to become major logistics hub

Nagpur to benefit from GST debut on July 1, which will unify states into single market

Published Wed, May 17, 2017 · 09:50 PM
Share this article.

Toronto

THE city known as zero mile in India is finally in the right place at the right time.

Nagpur is in the dead centre of the country, at the crossroads of busy road and rail corridors that bisect India east to west and north to south. Now, India is on the cusp of a sweeping tax overhaul that could turn the city of 2.4 million people into one of the nation's biggest logistics hubs.

Known for its oranges, tiger sanctuaries, and 45-degree Celsius summer heat, Nagpur has seen a groundswell of investment from retailers and warehouse companies betting that the debut of Prime Minister Narendra Modi's national goods-and-service tax on July 1 will transform the city's fortunes.

"The revolution has started," said Manoj Muti, a supervisor at a warehouse in the city that stores goods of Patanjali Ayurved Ltd, one of the nation's top or…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here