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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...

Mahindra Logistics announces sale of entire 39.79% stake in TLPL

Post completion of this sale, TLPL would cease to be an associate of the companyNew Delhi: Mahindra Logistics on Wednesday announced the sale of entire 39.79% stake in its associate company Transtech Logistics Pvt Ltd (TLPL).Post completion of this...

Prozo launches new warehouse in Kanchipuram

The large warehouse with 5 metric tonne storage is going to significantly boost Prozo’s warehousing capacities in the Chennai region New Delhi: Supply chain company Prozo has operationalised a 99,771 sq. ft. warehouse at Kanchipuram, Tamil Nadu, a release by the...

India’s logistics cost ranges from 7.8 – 8.9% of GDP in FY22: NCAER estimates

The NCAER report establishes that the logistics costs in India are reducing, from 8.8% - 10% of GDP in 2012-13 to 7.8% - 8.9% of GDP in 2021-22New Delhi: The logistics cost in India ranged from 7.8% to 8.9%...

Targeted action plan to improve India’s logistics efficiency, global ranking

This will improve India's ranking in the World Bank's LPI (Logistics Performance Index), the Department for Promotion of Industry and Internal Trade (DPIIT)New Delhi: The commerce and industry ministry on Thursday said a targeted action plan has been shared...
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Latest News

Skincare outshines fashion: 2.5X more orders for Holi 2025 as consumers prioritise skin protection

New Delhi: The Holi shopping season has always been a test of how efficiently brands and logistics networks can...
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