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.
Tag: warehousing
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India Warehousing Show 2017
Covering every facet of warehousing and supply chain industry, the 7th edition of India Warehousing Show welcomed over 8,448 visitors, an unprecedented increase from 2016 and displayed over 200 exclusive exhibitors.
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Gateway Rail to start handling container traffic at Viramgam
Gateway Distriparks Limited has announced that the fifth rail-linked container terminal of its subsidiary, Gateway Rail Freight Limited at Viramgam near Ahmedabad has been notified by Western Railway for handling container traffic. The terminal will be a double stack switching hub for the company on the North-West trade route.
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The impact of GST could lead to reduction of 5percent in overall logistical costs
The expected implementation of GST will boost the demand for warehousing, 3PL solutions and multimodal services, areas where TCI has a strong market presence.
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GST will reduce the share of the unorganised sector in warehousing
The GST is a value-added tax that will replace all other indirect taxes in India. One purpose of the GST is to make taxes Ă´destinationĂ´ based rather than origin based, or Ă´efficiencyĂ´ based rather than Ă´regulationĂ´ based.
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Logging Grwoth
The Indian logistics market is expected to grow at a CAGR of 12.17 per cent by 2020, driven by the growth in the manufacturing, retail, FMCG and e-commerce sectors.
India is expected to register a steady uptick in logistics growth, on the back of the improvement in the countryĂ´s infrastructural environment.
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Ultra-modern Ă´godownsĂ´
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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Grand Representation of Logistics Sector: India Warehousing Show
The 4th India Warehousing Show lifted the spirit of logistics industry by bringing complete supply chain solutions on one platform from 8-10 July at Pragati Maidan in New Delhi. Exhibition featured 210 exhibitors, 380 live technologies from 25 countries and was attended by 7,818 trade visitors representing 220 cities globally.
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Logistics and Warehousing: Reduce bottlenecks
Hindsight: 2013 has been a mixed year for the infrastructure sector which, on one hand, saw a slew of government initiatives:
Road regulator, facilitating faster completion of road projects, faster transportation, decreased fuel consumption, and encouraged development of access-controlled expressways
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Dighi Port to invest upto Rs 18 bn to develop infrastructure
Dighi Port, the first and the largest greenfield port of Maharashtra, is located at a distance of 42 nautical miles (NM) from Mumbai Port and 170 km south of Mumbai by road.