logistics

India’s omnichannel business could swell five times, to $55 billion, by 2027, up from about $11 billion at present, according to the latest report by IMAGES Group’s India Phygital Index 2022.The report, jointly conducted by IMAGES Group in association...

Online retail in India has grown more than 3x in the last 4 years and is only set to be bigger in the coming years. Along with its growth and other sectors dependent on it, along the way there...

Shiprocket, one of India’s leading tech-enabled logistics and fulfillment platform, is currently in the middle of robust expansion as it continues to onboard industry experts for its leadership team. Recently, the AI-powered platform has onboarded Romil Puri as the...

Leading furniture e-commerce WoodenStreet is planning to expand its current warehouse capacity by fivefold to a total of 50 Lakh sqft across India in the upcoming 24-36 months. The company plans to invest around 4 to 5 Million USD to...

Thanks to the growth of online shopping, there was a record level of logistics investment in Europe in 2020.According to the research data analyzed and published by Comprar Acciones, e-commerce growth in Europe drove logistics investments up to €38.64...

The logistics division, under the Commerce Ministry, has started an exercise to formulate a national packaging initiative, which will be part of the proposed logistics policy. The ministry on Wednesday said that a stakeholder consultation was organised to define the scope and the national packaging initiative...

The commerce ministry has sough views of different departments on its proposed national logistics policy which aims at enhancing productivity and competitiveness of manufacturers by reducing cost of logistics, sources said. The proposed policy talks about developing national and state master plans for multi-modal connectivity;...

HomeTown, one of the leading furniture and lifestyle retailers, part of the Future Group partnered with FarEye to orchestrate last-mile deliveries, achieve real-time visibility and enhance the customer experience. Recognized as India’s biggest store in homemaking, renovation, and decor, HomeTown improved...

Supply chain company Delhivery has said it will head towards the public markets in the next 12-15 months. It also said Steadview Capital has bought $25 million (about Rs 184 crore) worth of secondary shares from one of its early investors. The logistics firm,...

This pandemic has forced the world to move towards an essential bouquet of digitally enabled, dependable and scalable services at a much faster pace than what could have been expected. As a result of being forced to spend time at...