An acquisition of a strategic stake in Transtech Logistics, which is also known as ShipX, was announced by Mahindra Logistics (MLL), IndiaÂ’s largest third-party logistics (3PL) solutions provider.
Category: Warehousing & Logistics
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Multi-modal logistics park to be build in Jogighopa
In order to promote international trade with the neighbouring countries, the Centre has proposed to initiate a multi-modal logistics park at Jogighopa, Assam.
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Gujarat gives logistics sector industry status
Ahead of the ninth Vibrant Gujarat Global Summit (VGGS), the state government has given the logistics sector industry status in order to improve the prospects of the state in attracting investment.
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Three logistics parks to come up in Ludhiana
Three mega logistics parks- multi-modal logistic park by Adani Group, one by Punjab Logistics Infrastructure and one by Punjab State Warehousing Corporation- would be set up near Kila Raipur village of Ludhiana.
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Hyderabad to have more logistics parks, bus terminals
In a Public-Private Partnership, the Hyderabad Metropolitan Development Authority (HMDA) is in plans to develop more logistics parks and bus terminals in Hyderabad. The tentative locations identified by the HMDA are Miyapur, Pedda Amberpet, Shamshabad, Shamirpet, Patancheru and Manoharabad.
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“We are committing `30 billion for warehousing”
Real estate developer, Hiranandani Group, is planning to foray into warehousing and logistics with an investment of Rs 30 billion over a 400-acre area
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“Warehouse consolidations to be next big thing”
Supported by its parent Mahindra & Mahindra (M&M), Mahindra Logistics has steadily grown its non-M&M related business to almost 50 per cent of its total turnover from a miniscule 12 per cent in the past.
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Enroute to Recovery
Logistics industry has always been an underdog and has not received the much-deserved attention yet. Though the sector is full of potential, it is yet to achieve optimal utilisation of resources.
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Setting Great Store
Huge capital flows from marquee investors are driving the shift towards a more formal way of working.
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On Course For Growth
Since 2005 Viega has operated successfully in the Indian market. After several years with independent sales representatives, in 2015 the legal entity Viega India was founded in Ahmedabad, Gujarat, to foster the companyÂ’s local footprint in India.