In an interview to CNBC-TV18, Yogesh Dhingra, CFO & COO, Blue Dart Express shared his views on impacts of goods and services tax (GST) on the logistics sector. Companies would need six-eight months to see the benefits coming in. It is too early to comment on the tangible benefits by GST rollout, he said.
Most of the other e-commerce companies use Blue Dart services despite having their own captive logistics arms, says Yogesh Dhingra, CFO & COO of Blue Dart
Speaking to CNBC-TV18, Yogesh Dhingra, CFO & COO of Blue Dart said that initial years will be difficult as there could be some hike in administrative cost due to the Bill.
With the Indian economy on a revival path, the next few years would be very good for the industry because the logistic sector has a very high correlation with pick-up in the gross domestic product (GDP) of the country, says Yogesh Dhingra of Blue Dart.