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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Indian logistics saw better growth while globally there was muted demand
Big is definitely better for the warehousing services focusing on serving organised sectors. Economies of scale, cheaper land costs, more automation and higher labour utilisation are some of the key benefits.