Logistics companies will be the biggest beneficiaries once GST rollout takes place, and players in Multimodal Transport i.e. Integrated Logistics companies with focus on India will reap benefits.

Allcargo having its CFSs, Project Logistics business in India and a large land bank which is likely to be utilized towards building Warehouses, looks to benefit the most with this development, reflecting on its stock price which has moved up 5% in the market today.

Commenting on the same, Shashi Kiran Shetty, executive chairman Allcargo Logistics, said, ''GST will play a critical role in next level of growth. For India to truly realize its potential as an international trade hub, we need globally accepted policies & regulations like GST, to add efficiency in the system along with cutting down unnecessary costs and making it affordable.

From a macroeconomic level, GST for the economy if implemented to its fullest, will be a game changer. Infrastructure and Logistics is India’s economic backbone, thus GST implementation will certainly help the industry. More importantly GST will make transaction costs of doing business from India especially EXIM more competitive and make the logistics value chain of our country more efficient.''