With a stable government at the Centre, focusing on reviving and scaling IndiaĆĀ“s economic growth rate, IndiaĆĀ“s warehousing space is at the helm of tremendous growth. As companies scale their sentiments
Category: Warehousing & Logistics
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CONCOR Vizag logistics park by 2016
The Container Corporation of India (CONCOR) has taken up work on the multimodal logistics park being built in Visakhapatnam at a cost of Rs 350 crore and the commercial operations in the first phase may begin by the end of March or April, according to R Dhananjayulu, the Group General Manager.
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Logistics and Warehousing: Reduce bottlenecks
Hindsight: 2013 has been a mixed year for the infrastructure sector which, on one hand, saw a slew of government initiatives:
Road regulator, facilitating faster completion of road projects, faster transportation, decreased fuel consumption, and encouraged development of access-controlled expressways
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Warehousing: The truck stops here
How do you organise a largely unorganised industry? IndiaĆĀ“s storage industry has lagged behind the transportation industry that it so heavily depends on. With cold chains now being an industry and FDI in retail entailing huge investments in storage, can we expect some movement?
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Logistics firms to invest in rural India
To deliver packages to the millions of online shoppers in rural India, logistics sector is likely to invest at least Rs 500 crore in the next five years by setting up small outlets in the vast rural landscape. Gati and Blue Dart Express are aggressively penetrating deeper into India to tap the potential lying with more internet savvy and well-off consumers. Investment will be in the form of technology, office space, people, fleet, warehouses and new processes.
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Kochi to gain from FCI cargo
The Food Corporation of India (FCI) is to opt Kochi port for its foodgrain movement of both bulk and break bulk cargo movement. With this, Kochi port is to gain a lot. FCI recently floated a tender for multimodal contract for transport of rice from designated depots of Kakinada to Kerala through coastal movement.
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Danish team visits APM Terminals Dadri unit in UP
An eight-member delegation led by Denmark Minister for Trade and Economic Affairs Nick Haekkerup and DenmarkĆās Ambassador to India Freddie Svane visited the Uttar Pradesh-based Dadri facility of APM Terminals India recently. Nitin Jain, Business Unit Head of APM Terminals, Dadri hosted the delegation and took the delegation around the Dadri container freight station facility.
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India wants changes in trade pact at WTO meet
To address the concerns of developing countries in the proposal that tops the agenda of the World Trade Organisation's (WTO) Bali ministerial scheduled for early December, India has proposed changes in the trade facilitation agreement.
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Abu Dhabi Kizad’s new office in Mumbai
A new office in Mumbai has been opened by
Khalifa Industrial Zone, Abu Dhabi (Kizad). Kizad is the new industrial and logistics zone in the UAE capital situated next to the Khalifa Port. The new office, which will be located in the Bandra Kurla Complex, a high end commercial district in the city, will be fully operational by the first quarter of 2014.
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The differentiator for FTZs is integration
Srinath Manda says a big difference between UAE and Indian Free Zones (FZs) is scale of operations the latter are promoted as sector-specific zones, so they havenĆā t achieved the scale of integrated ones. Free Zones were conceived to boost exports by creating designated zones free from bureaucratic troubles and more suited for international market.