LOGISTICS INFRASTRUCTURE
Bright future for air cargo sector; need to ensure faster turnaround time: Official The Indian government is working on improving processes and ensuring faster turnaround time in the air cargo sector to tap its potential. The government is also developing logistics hubs to improve the ease of doing business. The air cargo sector ac...
04 Jul, 2024, 03.43 PM ISTInfra cos step up hiring betting on govt focus on sector India's infrastructure sector is hiring millions in unskilled, semi-skilled, and skilled labor segments, with expectations that the new government will continue investing in infrastructure development, including highways, roads, and airports. An est...
03 Jul, 2024, 10.40 PM ISTUnion Budget 2024 measures can upgrade India's supply chain in its bid to match up with China BUDGET EXPECTATION: Finance Minister Nirmala Sitharaman, through Budget 2024, may introduce measures to strengthen India’s supply chain and manufacturing sector. This aligns with India’s strategic pivot to become a global manufacturing alternative t...
02 Jul, 2024, 04.22 PM IST- ADVERTISEMENT
Warehouse operators take shine to solar power, rework logistics The move towards renewable energy is not just a response to global environmental concerns but also a strategic business decision for many warehouse operators seeking to reduce operational costs and enhance sustainability.
01 Jul, 2024, 11.32 AM ISTTrade routes in turmoil: Why Indian exports are piling up in Colombo and Singapore About 75% of India's transshipped cargo is handled at ports outside India, and the major trade routes connecting India to various destinations, including Colombo, Singapore, and Port Klang, are currently experiencing strain.
30 Jun, 2024, 09.41 AM ISTJSW Infrastructure to acquire 70.4% stake in Navkar Corp for Rs 1,012 cr JSW Infrastructure on Thursday said it will acquire 70.37 per cent shareholding in Navkar Corporation for around Rs 1,012 crore, paving the way for its foray into the logistics industry.
27 Jun, 2024, 09.21 PM ISTPM Gati Shakti scheme is transforming India's infrastructure: Morgan Stanley In a recent report, Morgan Stanley has lauded India's PM Gati Shakti scheme, highlighting its significant impact on infrastructure development. The report emphasizes India's robust increase in infrastructure investment, projected to rise from 5.3% t...
27 Jun, 2024, 02.17 PM ISTCJ Darcl leases 1.25 lakh square feet space at Narasapura IndoSpace park This strategic move is aimed at enhancing CJ Darcl's warehouse and distribution management capabilities in South India, allowing the company to provide tailored end-to-end logistics solutions to its clients.
26 Jun, 2024, 02.18 PM ISTVRL Logistics outlook: Should you buy this stock? Know why analysts are bullish on this stock VRL Logistics: Analysts are confident about VRL Logistics due to its aggressive expansion and investment plans, and the promising outlook of the logistics industry. The buoyant prospects of logistics industry will continue to support the company’s g...
24 Jun, 2024, 01.45 PM ISTGlobal supply chain shift: Has India finally arrived? Global supply lines are shifting for more resilience. Geopolitical developments put India at an advantage. Will demographic dividend finally create value for India?
22 Jun, 2024, 10.58 AM ISTStock Radar: Why VRL Logistics is a good buy on dips stock in the runup to final Budget: Kiran Jani VRL Logistics Ltd, a significant player in the logistics sector, faced a 36% wealth destruction in 6 months, dropping from around Rs 800 to approximately Rs 510 in June 2024.
20 Jun, 2024, 10.00 AM ISTCabinet okays paddy MSP hike, green VGF and a ₹2,870-cr revamp of Varanasi international airport The Union cabinet, under Prime Minister Narendra Modi's leadership, approved significant decisions including a 5-11% increase in Minimum Support Price (MSP) for kharif crops, construction of a ₹76,220-crore port in Vadhavan, Maharashtra, and a revam...
20 Jun, 2024, 05.30 AM ISTMesse Stuttgart India, Indian Navy collaborate to modernise pan-India logistics infrastructure Messe Stuttgart India partners with Indian Navy to enhance national logistics infrastructure by connecting with LogiMAT India exhibitors, facilitating solutions to Navy's logistics needs. The Indian Navy plans to engage with leading exhibiting organ...
19 Jun, 2024, 03.23 PM ISTESR acquires additional 27 acres in Chennai’s Oragadam to expand industrial park ESR Group, focusing on real estate services and investment in the Asia Pacific region, has expanded its industrial and logistics park in Chennai’s Oragadam by acquiring an additional 27 acres of land. This brings the total area of ESR Oragadam Indus...
17 Jun, 2024, 07.05 PM ISTShortage of long-haul truck drivers hits logistics industry Low pay scales, harassment by highway authorities and cops, adverse weather conditions, risk of accidents, lack of benefits at work, lack of hygienic restrooms and night parking facilities are some of the reasons for high attrition that is also diss...
02 Jun, 2024, 10.47 AM ISTPM Gati Shakti, National logistics policy driving cold chain market growth At the FICCI-Cold Chain and Logistics Summit on Wednesday, Ahirwar said that the gaps in physical infrastructure such as bad roads and inefficient ports are dampening the growth of the logistics sector, and these schemes are addressing those gaps.
29 May, 2024, 05.32 PM ISTA Mumbai firm finds a way to reduce container turnaround time from 34 days to 2 days Backed by Zerodha founders, MatchLog Solutions has found an answer to an issue that has haunted transporters for years.
25 May, 2024, 08.51 AM ISTChabahar Port development to help India expand trade routes; need to ensure necessary infra: GTRI India has signed a 10-year contract to operate the strategic Iranian port of Chabahar, which will help India enhance its logistical capabilities and expand its trade routes to Central Asia. The port, which is Iran's only ocean port, is strategically...
15 May, 2024, 11.16 AM ISTAmazon to invest $1.3 billion in France, create 3,000 jobs Amazon's 1.2 billion euros investment in France to create 3,000 jobs, enhance cloud infrastructure for GenAI, support AI startups, and research centers. Plans to expand logistics network for faster, eco-friendly delivery.
13 May, 2024, 11.51 AM ISTFundamental Radar: Three factors seen improving long-term cash flows, earnings of Adani Ports After clocking robust 24% growth in cargo volumes for the 11 months of FY24, Adani Ports and SEZ is poised to surpass its revised cargo volume of 400 million tonne for the full year. The company is continuously investing in building infrastructure f...
18 Mar, 2024, 10.00 AM IST