Integrating diverse mode of transportation for improved efficiency India’s logistics costs are presently 14 per cent of the country’s Gross Domestic Product (GDP),similar to other developing countries but well above the global average of 8 per cent. One of the government’s initiatives to reduce the logistics costs to 8-10 per cent of India’s GDP as...
Category: Warehousing & Logistics
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The effect of GST on warehousing and logistics
It has led to an increase in opportunities for Grade A warehouses “After the implementation of GST, we have witnessed significant growth in the manufacturing and e-commerce sectors as part of the Government’s ‘Make in India’ push,” says Rajesh Jaggi, Vice Chairman-Real Estate, The Everstone Group. “The consistent tax framework coming into place as a...
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How ecommerce is driving growth for warehousing and logistics
2020 onwards ecommerce accounted for 31 per cent transactions E-commerce has turned out to be a huge driver of warehousing and logistics in India, especially through the pandemic. E-commerce has emerged as the most prominent driver of Indian warehousing market volumes, according to Knight Frank. In the last year alone, the sector’s share in transactions...
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Mahindra Logistics launches all-electric last-mile delivery service
Mahindra Logistics Ltd (MLL), an integrated third-party logistics (3PL) service provider, announced the launch of its cargo last-mile delivery service under the brand name ‘EDel’.
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We aim to be the first digital tanker company in India
With its new office establishment in Mumbai, Maersk Tankers India is well-positioned to contribute to India's growing energy demand and strengthen its service offerings to its customers and partners.
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Government to set up logistics park in Dahej PCPIR
The Government of Gujarat has proposed to set up a multi-modal logistics park (MLP) in the Dahej-I Industrial Estate in order to cater to diverse cargo and warehousing needs at the Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR) in Dahej.
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Mahindra Logistics buys ShipX
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.
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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.