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’.

Union Minister for Road Transport & Highways and Micro, Small and Medium Enterprises (MSME), Nitin Jairam Gadkari has urged Indian real estate developers and their associations to form their own non-banking finance companies (NBFC)s to support their businesses.

The Rs 20 trillion economic revival package announced by Prime Minister Narendra Modi is among the most substantial in the world. Of the five pillars identified by Modi to support the edifice of a New India, infrastructure occupies the second place.

Exicom wins manufacturing excellence (EV infrastructure) award at the recently held Assocham Auto Forum and Awards.

The logistics industry has always been an underdog and has not received the much-deserved attention yet. Though the sector is full of potential, it is yet to achieve optimal utilisation of resources.

An acquisition of a strategic stake in Transtech Logistics, which is also known as ShipX, was announced by Mahindra Logistics (MLL), India’s largest third-party logistics (3PL) solutions provider.

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.

Logistics industry has always been an underdog and has not received the much-deserved attention yet. Though the sector is full of potential, it is yet to achieve optimal utilisation of resources.

Huge capital flows from marquee investors are driving the shift towards a more formal way of working.