Flytta has commenced operations with its first fleet of retrofitted electric trucks and plans to deploy nearly 200 more in the coming months. Sustainable logistics and cargo solutions company Flytta has unveiled Indiaās first retrofitted electric truck in the medium and heavy-duty segment, purpose-built for cement bag transportation across hill roads and industrial corridors. The...
Tag: logistics sector
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Budget 2025-26: Industry reactions
Union Finance Minister, Nirmala Sitharaman announced Budget 2025-26 today. The government has planned a number of strategic initiatives which will drive inclusive growth, boost economic growth and provide an impetus to to Indiaās competitive edge on the global stage. Hereās what industry has to say about various announcements and initiatives announced in the budget: Real...
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Infrastructure: The growth catalyst of Indian economy
Investment in infra serves as a catalyst to foster economic development Investing in infrastructure generates a robust multiplier impact through multiple avenues. As India takes giant strides towards sustainable and inclusive growth, the significance of investment in infrastructure development serving as a vital catalyst for fostering economic development is inevitable, writesĀ Sandeep Upadhyay, MD – Infrastructure...
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Supply chain drives growth for Indiaās logistics sector
The logistics sector has emerged as an asset in Indiaās real estate market Supply chain diversification will continue to create demand, leading to an increase in leasing activity. Demand centres would witness more robust leasing as several occupiers prefer to locate their warehouses closer to consumption hubs to reduce transportation costs, writes Anshuman Magazine, Chairman &...
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TN govt intends to develop new airport in Hosur, orders study
TIDCO led to undertake air traffic study, other aspects of airport
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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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Sagarmala can save upto Rs.40,000 cr per year on logistics spends
The Union Budget of 2017-18 has laid a 25 per cent increase in allocations for infrastructure over last year. There has also been a renewed focus on transportation, development of port infrastructure and its automation.
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Sagarmala will provide infrastructure support for logistics industry
Over the last few years, the Government of India has rightly refocused attention on the shipping and logistics sector, and has recognised it as a key contributor to the development of the country.
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Jayem Logistics
Most of the start-up stories that make it to the front page depict an entrepreneur under the Bodhi tree having a vision or brainwave that presents itself in the form of an answer to a persistent question. However, on the other side of the mountain are the entrepreneurs who gather years, even decades, of intel on an issue, through observation, trial and error, and, in order to provide a solution that is current, state-of-the-art and right on the money.
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Areef Patel, Vice-Chairman, Patel Integrated Logistics Ltd
The logistics sector generates mass employment and is a key revenue earner for the government. In order to improve the competencies of the logistics sector, the Goods and Services Tax (GST) should be implemented without further delay, which could result in potential savings of around $200 billion and lead to streamlining of the taxation structure and reduce inventory maintenance costs.
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