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Warehousing and Logistics
Karnataka’s strategic geographical location and extensive infrastructure are key strengths in its warehousing and logistics sector. The state has built Major logistics parks and Inland Container Depots (ICDs) further support the robust logistics infrastructure. Further, it has maintained its Achiever Status within the Coastal Group in LEADS ranking
1,622
warehousing facilities present in Karnataka
42.48
lakh MT approximate capacity in the warehouses
233
facilities
6,76,832
storage facilities
Sector Incentives and Policy
Draft Industrial Policy Incentives
Investors can now choose between Production-Linked Incentives (PLI) and Capital Subsidy, catering to diverse industry needs.
| Particulars | Incentives |
|---|---|
| Capital Subsidy | Up to 35% of Value of Fixed Assets |
| Production Linked Incentives | Up to 2.5% of net sales turnover for 7 years, capped at up to 60% of Value of Fixed Assets |
| Concessional Registration Charges | 0.1% |
| Stamp Duty | 100% reimbursement |
| Power Tariff subsidy | Up to INR 1 for 3 years |
| Tax on electricity tariff | Up to 100% exemption for 7 years |
| Land Conversion Fee | 100% reimbursement |
Initiatives and Growth Drivers
Warehouse Market
Indian warehousing market ~USD 20 Bn, expected to grow at 13-15% CAGR over next 5 years.
Technological Advancements
Karnataka's commitment to technological advancements and sustainability is evident in initiatives like promoting electric vehicles for internal transportation and encouraging green certifications.
Digital Integration
The state also emphasizes digital integration with systems like the Unified Logistics Interface Platform (ULIP) and smart enforcement technologies.
Logistics Plan
Approved Logistics Plan for infrastructure projects. Constructing a 4-lane highway from the state border to the Hoskote junction of NH 648, developing an alternative road link to ICD Whitefield and implementing the Bengaluru Satellite Town Ring Road (STRR) and establishing three truck parks near the New Mangalore Port in Panambur.
Sector Champions
Mr. Vinod Nowal
JSW
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Salil Gupte
President
Boeing India
[email protected]
Boeing has been a strong partner of India’s aerospace sector for almost eight decades, both as the mainstay of India’s commercial aviation sector as well as an important partner in the mission readiness and modernization of India’s defense forces. Headquartered in Delhi, Boeing’s India operations include field service offices in Mumbai, Hindan, Rajali and New Delhi, and a rapidly growing Boeing India Engineering & Technology Center (BIETC) in Bengaluru and Chennai. The upcoming Boeing engineering and technology campus in Bengaluru, Karnataka will conduct core engineering and research for Boeing’s iconic products as well as future platforms. The campus will be one of the largest for Boeing, outside of the US.
Sector Contact
Email: [email protected]
Phone: 9880922077
