Mumbai, 29 June, 2016: Anshuman Magazine, Chairman & MD, CBRE South Asia says, “This is a positive move which will translate into growth across sectors such as e-commerce, organized retail, and the overall services industry, including the daily management of these establishments. The act is expected to bring the online and off line retailers onto a level playing field and boost employment opportunities. Overall, the retail sector in India stands to benefit from this announcement including higher footfalls and consumption. In the long-term this could positively impact the warehousing and logistics segment.“
