Union Budget 2014-15 wishlist - Mr. Reiner A. Allgeier, Managing Director, Schenker India Pvt Ltd

Mr. Reiner A. Allgeier, Managing Director, Schenker India Private Limited "The new government is expected to boost the phase of economic activity further with infusion of new measures and opening new avenues for growth. Logistics sector being one of the backbone industry for the economy is going to be affected by the policies and measures adopted by the government. As a service provider, we expect the government to work on fuel prices - a direct proportion of logistics cost, to bring India under a uniform tax regime, make provisions for necessary infrastructure development for transport and encourage economic zones for optimized growth. Revamping the ports through investments in mechanization, infrastructure and overall efficiency improvement measures, are required to make international trade smoother and competitive. Additionally creation of mega ports with world class infrastructure will help achieve economies of scale."

Source : Equity Bulls

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