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Logistics sector looks for easing FDI norms
With just a few days left for the Budget. The big question is, will this Budget deliver on the reforms agenda or will it turn out to be just another statement of accounts. Here are the wish list from the logistics sector.

The supply chain management and logistics industry in India is worth over US 400 billion contributing close to 13% of the country's GDP. The industry also witnessed hectic private equity power play with over 17 deals worth US 500 million being done in 2009.

A 22% of all PE deals in the last two years have also belonged to this sector, but in the backdrop of global economic nervousness, domestic inflationary pressure, frequent fuel price increases and small steps towards opening up the FDI regime. The Indian transportation and logistics industry finds itself in unchartered waters.
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