Maersk wants to expand in India. ¨We are very keen to invest. We invested $1 billion in acquiring a group of 11 ports based in Spain that is illustrative of our growth.
Category: Warehousing & Logistics
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Allcargo to set up a logistics park in Haryana
Allcargo Logistics plans to set up a logistics park in Jhajjar district of Haryana, mainly to cater to the growing container traffic in the northern parts of the country. 'Allcargo has in-principle approved setting up a logistics park in Haryana.
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DFC will give a major boost to last mile connectivity
Anil Kumar Gupta, Chairman & Managing Director, CONCOR, expects a significant progress in the Indian logistics sector and highlights the expectations from the government initiatives.
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Warehousing sector is one of the major demand drivers for PEB
The PEB industry has evolved from catering to applications such as warehouses, fuel stations, factories, workshops, etc., constructed in the initial phases of the industry to include highly complex buildings such as shipyards, metro stations
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Wisdom Aplenty
Allcargo Logistics Ltd, the global leader in integrated logistics listed on NSE and BSE and part of the Avvashya Group, recently announced the expansion of its senior leadership team through the addition of two industry veterans, Prakash Tulsiani and Martin Muller.
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Bringing Down the House!
The India Warehousing Show saw enthusiastic participation from logistics and supply chain professionals at the Pragati Maidan, New Delhi. More than 165 exhibitors presenting over 350 key brands showcased their products at the 2015 India Warehousing Show.
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Global leader
Integrated logistics major Allcargo Logistics Ltd has appointed Martin Mueller as the Chief Commercial & Strategy Officer of the group.
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Ultra-modern ´godowns´
Warehousing market is pegged at Rs 56,000 crore and is expected to grow annually at an average rate of 8 to 10 per cent over the next 5 years to reach a level of 1500 to 1600 million sq ft by 2020.
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Allcargo Logistics to invest $500 million
Allcargo Logistics is planning to invest $500 million in the next three-five years towards organic as well as inorganic growth of its business.
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AP Moller-Maersk to boost India play
Gujarat Pipavav is one of the reasons global shipping giant AP Moller-Maersk (APM) is willing to bet on India. Pipavav port´s revenue has grown at a CAGR of 23 per cent in the past five years and it has made Rs 323 crore in profits in three years.