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Logistics sector

Kerala Cabinet clears Logistics Park Policy, aims to enhance logistics infrastructure

The policy facilitates the way for the establishment of large-scale and mini-logistics parks across the state through private investment and public-private partnershipsThiruvananthapuram: In a significant boost to Kerala's logistics sector, the state government on Wednesday approved the Logistics Park...

52% of Indian retailers to onboard fresh graduates in FY25: Report

In 2023, the retail industry experienced an 8% rise in job applications, while demand surged by 18%, indicating a robust interest in retail roles New Delhi: More than half of all retailers (52%) are planning to onboard fresh graduates in...

China COVID crisis: Worried over supply chain disruptions, consumer durable makers stocking up on inventories

Due to the increasing COVID cases in China, consumer durable makers are stocking up on raw materials to deal with contingenciesNew Delhi: Worried over soaring COVID-19 cases in China, consumer durable makers are stocking up on raw materials to deal...

India's Commerce Ministry mulls separate unit for logistics

The Commerce Ministry is working on a proposal to set up a separate logistics unit to deal with the issues, including rising costs, that are impacting global competitiveness of exporters. There is no single department or ministry at present to...

Study: Logistics can help e-commerce go the distance

Although online businesses started developing in the late 1990s, the supporting ecosystem was not yet in place. The first wave of e-commerce in India was hampered by low Internet penetration and speed, a small online shopping user base, low...

Third-party logistics firms ride on e-commerce boom in India

With the tech-savvy Gen-Next and the upwardly mobile shopping online to buy even their daily needs in cities and towns across India, third-party logistics firms are riding high on the e-commerce boom. Though leading e-tail behemoths like Flipkart, Amazon and...

Indian logistics sector to attract more FDI, PE inflows

India has jumped 19 positions in the Logistics Performance Index (LPI) released recently by the World Bank. The country now stands at the 35th rank among 160 countries, up from the 54th position in 2014. The World Bank studies...

Food Tech Holland marks presence in India

The Indian presence of the Dutch supply chain cluster, Food Tech Holland, was formally launched by Ashok Sinha, Secretary, Ministry of Food Processing Industries, at the recently held Food Forum India 2011 in Mumbai. The Food Tech Holland is...

Moving fashion forward

With the aim of facilitating trade within South Asia, Europe and North America, world’s leading express and logistics company DHL launched its latest Fashion and Apparel Center for Excellence in India. “Our center will bring various benefits to customers...
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Latest News

IKEA FY24 loss widens to Rs 1,299 cr, revenue up 4.5% to Rs 1,809.8 cr

Ikea India reported a loss of Rs 1,133 crore and its revenue from operations was at Rs 1,731.6 crore...
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