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Mahindra Logistics Q2 profit falls 54% to Rs 8.5 cr

The company had posted a PAT of Rs 18.6 crore in the second quarter of FY24, a statement saidNew Delhi: Mahindra Logistics Ltd on Monday reported a 54% decline in standalone Profit After Tax (PAT) at Rs 8.5 crore...

Demand for warehousing spaces in Delhi-NCR dips 77% in Jan-Jun; Chennai sees 3-fold jump: Vestian

The absorption of warehousing and logistics spaces in January-June across seven major cities rose 8 per cent to 16.6 million sq. ft. during the first half of this year, from 15.4 million square feet in the year-ago periodNew Delhi:...

It is a pin code in India, Safexpress delivers there: Rubal Jain, MD

Rubal Jain, Managing Director, Safexpress Pvt. Ltd. on the leading logistics player's strengths, focus areas, and future plans If it is a pin code in India, Safexpress delivers there, claims Managing Director Rubal Jain. According to him, Safexpress, which...

Demand for industrial and warehousing spaces up 23% in Jan-Mar across top 19 cities: Report

The year started with a strong absorption or leasing of 13.5 million (135 lakh) square feet in January-March 2024 compared to 11 million (110 lakh) square feet in the year-ago periodNew Delhi: Leasing of industrial and warehousing spaces rose...

Indigenous robotic solutions get an edge as enterprises look for customised AI-based automation

Noida-based company Addverb which has been in the robotics manufacturing business since 2016 has more than 20 products in the market across the worldNew Delhi: Enterprises looking for integration of AI-based automation systems in various business operations prefer home-grown...

TVS Supply Chain Solutions expands warehouse footprint in TN; to create 1,200 jobs

The company's total warehouse capacity has gone up to 21.85 million sq. ft. from the earlier 21.2 million sq. ft. in the countryChennai: TVS Supply Chains Solutions Ltd has expanded its warehouse footprint in the country, by adding 6.50...

Property Share offers Rs 191 crore worth warehouse to investors for fractional ownership

The asset, a 9.1 per cent yielding Grade A+ warehouse, has been given on lease to e-commerce player FlipkartNew Delhi: Proptech startup Property Share has identified a premium warehousing project in Jaipur valuing Rs 191 crore and is offering...

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...

Gati launches warehousing facility in Bengaluru

The launch is a part of the company's plan to build 21 modern, automated and environment-friendly STCDWs New Delhi: Express distribution and supply chain management company Gati on Friday launched a tech-enabled surface transhipment centre and distribution warehouse (STCDW) at...

India Warehousing Market Report by Knight Frank

The report provides insights into the demand and rental trends in India's warehousing market from April to September 2023 India Warehousing Market Report by real estate consultancy Knight Frank provides insights into the demand and rental trends in India's warehousing...
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Digital Icon : Rajesh Kadam

Rajesh Kadam, CEO of Inc.5 Shoes, leads with vision in the footwear industry. His strategic approach has driven both...
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