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Indian road logistics industry revenues to grow at 3-6% in FY2025: ICRA

The operating profit margins are expected to remain range-bound at 10.5-12.5 per cent in FY2025 as concerns on cost inflation persistNew Delhi: The Indian road logistics industry's revenue will remain range-bound and grow at a slower pace of 3-6...

Indian logistics market to grow at 8.8% annually to $484.43 bn by 2029

LogiMAT India 2024 projections indicate a surge in market size to $317.26 billion by 2024, with a projected CAGR of 8.83%, catapulting it to $484.43 billion by 2029New Delhi: The Indian freight and logistics market is estimated to grow...

A Brand-first, Omnichannel Strategy is Our Key Differentiator: Gopal Asthana, Tata CLiQ

Gopal Asthana, Chief Executive Officer, Tata CLiQ on the brand’s strategies, approach to technology, personalisation, sustainability and moreFashion & Lifestyle e-commerce platform Tata CLiQ by Tata Group has come a long way since it started in 2016 as a...

Key strategies retailers adopt to minimise returns

Leading omnichannel retailers like Being Human, Lacoste India and Snitch among others shared their approaches to reducing returns and reverse logistics costs at the India Fashion Forum (IFF) 2024Bengaluru: Returns and the associated reverse logistics costs are burning issues...

The key that is unlocking the retail potential of Northeast India

Steady and focussed infrastructure development of Northeast India is opening up the region to increased penetration of organised India, helping retailers meet the rising customer aspirationsIn the last four years, more than 120 stores have been opened in...

Budget 2024 gives thrust to multi-model connectivity: Logistics players

Mumbai: The Union Budget 2024-25 has given a thrust to multi-model connectivity by implementing economic railway corridors and port connectivity corridors, logistics and port players said on Thursday.Rajiv Agarwal, MD & CEO, Essar Ports said that with a substantial...

Industrial & logistics space demand hit record in 2023 at 38.8 mn sq ft in 8 cities: CBRE

CBRE said that the leasing of industrial and logistics spaces rose to 38.8 million square feet in 2023 from 36 million square feet in the previous yearNew Delhi: Demand for industrial and logistics spaces hit an all-time high...

Allcargo Gati appoints Uday Sharma as chief commercial officer

In this role, Sharma will develop marketing and business strategies and implement plans to boost revenue growthNew Delhi: Supply chain solution provider Allcargo Gati Ltd. has appointed Uday Sharma as chief commercial officer of Gati Express and Supply Chain...

Delhivery starts operations at its Bhiwandi trucking terminal

This is Delhivery’s second mega facility after its facility in Tauru, Haryana that became operational in 2021Mumbai: Logistics operator Delhivery Ltd. on Wednesday said it has commenced operations at its largest trucking terminal in Bhiwandi, Maharashtra.This is the company's...

AVG Logistics acquires over 50 cold chain vehicles

This acquisition takes the company's total cold chain fleet strength to 275New Delhi: AVG Logistics Ltd on Wednesday announced the acquisition of over 50 cold chain vehicles, thereby strengthening its fleet operations.The cold chain vehicles have been acquired from...
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AbCoffee opens 50th outlet in just two years

The homegrown takeaway coffee chain reached the milestone by opening four new outlets in MumbaiMumbai: Tech-enabled grab-and-go coffee chain...
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