The Gujarat government set up a special purpose vehicle with an initial authorized capital of Rs 200 crore to implement a dedicated regional rail system project. State-run RITES is learnt to have submitted to the Gujarat government, the final feasibility report for the project, which is expected to cost Rs 5,000 crore at the current price. Initially, the estimated cost of the project was Rs 2,500 crore in
Category: Warehousing & Logistics
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Massive infrastructural development at grassroot level is needed: Experts
The private players can participate in the construction of infrastructure for cold chain systems and benefit greatly. However, the experience of the few private players who have invested in the cold chain has not been satisfactory for them.
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Building an ambitious global logistics hub
Managing logistics needs an innovative integration of international best practices and equipment, as well as comprehensive knowhow of local regulations, writes Adarsh Hegde.
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Logistics as a factor of process efficiencies
Low penetration of automation and processes in the largely unorganised sector is a setback for logistics in India. Efficiencies through better infrastructure and statutory conditions would help unshackle the sectorÂ’s economic potential significantly, writes Thomas Tieber.
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From a cost to a value-add
Improving efficiency, reliability, flexibility and innovation should be the focus of our slow-growth, high-demand logistics systems, writes Vivek Kumar.
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Simplify procedures and get away with the mindset: Experts
For improvement in logistics it is critical that tax regimes need to be simplified and reduced to a single window and one-time levy across regions so that administrative processes do not hinder physical free flow of movement.
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Surging ahead
The leading integarted logistics company Allcargo Logistics has appointed Ajit Jangle as its Group Chief Operating Officer. In his career of over 20 years,
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APSEZ handles 82 mn t cargo
Adani Ports and Special Economic Zone (APSEZ) handled
82.13 million tonne (mn t) cargo in 2012-13, a growth of 21 percent from the previous year. During January-March, APSEZ handled 22.89 mn t cargo, an increase of 38 percent over the same period last year. This growth was driven by container and bulk (ma
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LCL Logistix to operate new service
LCL Logistix decided to operate a new service from its Container Freight Station (CFS) at Nhava Sheva to Klaipeda, LithuaniaÂ’s Baltic port. This would be a new less than container load (LCL) groupage service from India to the BalticÂ’s and Commonwealth of Independent States (CIS). The company feels that this service provides the longest and cheapest way to the Baltic and CIS from India, with
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Sohar is well equipped to cater to the growing needs of Indian companies
Indian companies taking the leap in making the most of this need gap, we are quite confident that given our unique propositions, strategic location, and excellent connectivity,