GST rollout to see emergence of 12 new warehousing hubs

A dozen new warehousing hubs are likely to emerge in the country in the wake of Goods and Services Tax (GST) rollout in July. Warehousing stock is expected to increase by 18 per cent to touch 132.5 million sq ft and likely to see investment to the tune of ₹4,500 crore to ₹4,700 crore. New locations “As GST is going to be a reality soon, along with a growing demand for quality warehouses by the ind…