IDFC Private Equity will invest Rs 150 crore in Jaipur based Staragri Warehousing and Collateral Management.Staragri proposes to utilise the fund to expand its warehousing capacity to 30 lakh tonne in three years from the current 10 lakh tonne.The company will target to set up warehouses at taluk level in Tamil Nadu, Karnataka, Andhra Pradesh, Orissa and Chhattisgarh.
Category: Warehousing & Logistics
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Orissa clears Rs 70 cr logistics park project
Orissa’s State level single window clearance authority has approved the setting up of a logistics park at Kalinga Nagar steel hub proposed by Container Corporation of India (CONCOR).The logistics park would come up on an area of 30 acres in the industrial cluster at an investment of Rs 70 crore.
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A new logistics park is on the anvil at JNPT
JNPT is examining the setting up of a new logistics park in JV with the DFC. Albeit mired by delays, the port’s expansion plans envisage an augmentation of nearly 5 mn containers each year.Luxman Radhakrishnan, Chairman, JNPT, explains to Shashidhar Nanjundaiah.
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Logistics: Commit to GST timeline
Businesses are starting to understand that the location and the role of the wareÂhouse will be driven as much by inventory policies and transportation infrastructure as by changes in taxation.
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Logistics: The elusive industry status
There is an urgent need for measures to facilitate growth in ground logistics (warehousing, rail freight and cold chain logistics) and expects some solid reforms to be announced in this budget.
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Go against the grain!
This year starts the Plan for a huge boost from the government to rural infrastructure. Private investors should not look at the immediate size of attractiveness of projects alone, but consider the multiplier effects.
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Mining logistics: Motion sickness
A recent mining ministry report recognises logistics as one of the several problems clogging the sector. It's yet another wake up call for the sector. It's raining mining reports out of the Pandora's Box that Justice Santosh Hegde opened.
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Technology in logistics will be key to the cities we’re building
The DMIC is poised to be India’s biggest urbanisation project. Can its model be adopted across the country? Amitabh Kant, MD and CEO, DMICDC, shares his vision for the project with Shashidhar Nanjundaiah and Pratap V Padode, and emphasises the vast and unique opportunities that go with using PPP to build seven new cities and manufacturing hubs along the corridor.
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Mining logistics Motion sickness
A recent mining ministry report recognises logistics as one of the several problems clogging the sector.It's yet another wake up call for the sector.It's raining mining reports out of the Pandora's Box that Justice Santosh Hegde opened.
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Infrascape 2012 | Logistics: Manpower shortage will hit the sector
With GST on the threshold of being implemented and government's interest to bring in investments in e-governance and infrastructure projects through public private partnerships (PPPs), this has been a fairly good year for the logistics industry.