Warehousing supply in India’s major cities is expected to reach 516 million square feet by 2026.
According to the Logistics and Industrial State of the Nation study, cumulative Grade A and B supply in India’s Warehousing and Industrial sector will reach 516 million square feet by 2026. According to the research, India’s total leasing stock reached 344 million sq ft in H12023, with an addition of […]
Top Trends Driving Business Operations in 2023: Revolutionising Logistics in India
Top Trends Driving Business Operations in 2023: Revolutionising Logistics in India The express logistics industry plays a vital role in bolstering India’s trade and supply journey by facilitating the efficient movement of goods across the country and internationally. As the Indian economy continues to grow and global trade becomes increasingly […]
How express logistics industry will bolster India’s trade and supply journey
How express logistics industry will bolster India’s trade and supply journey? The express logistics industry plays a vital role in bolstering India’s trade and supply journey by facilitating the efficient movement of goods across the country and internationally. As the Indian economy continues to grow and global trade becomes increasingly […]
How logistics electrification will serve India
How logistics electrification will serve India : Once an underdog, electric vehicles (EVs) will soon become a much-loved vehicle in India’s trucking sector. The numbers prove it, with the sector recording unprecedented sales of around 100,000 EVs in 2022 and 2.78 lakh EVs in the first quarter of 2023, according […]
Piyush Goyal: India’s forex reserves are safe for the next 5-6 years, and FTAs will generate surpluses.
On Wednesday, Commerce and Industry Minister Piyush Goyal stated that India’s foreign exchange position is ‘comfortable’ for the next five to six years. “In the worst-case scenario,” Goyal said at the annual general meeting of the industry lobby group Confederation of Indian Industry (CII), “India is comfortable for the next […]
With massive logistics improvements, India has risen 6 places on the World Bank index to 38th out of 139 countries.
With massive logistics improvements, India has risen 6 places on the World Bank index to 38th out of 139 countries. India’s ranking in the World Bank’s Logistic Performance Index 2023 has risen by six places, owing to significant investments in soft and hard infrastructure, as well as technology, which have […]
Redseer predicts that India’s e-commerce logistics market will surpass 10 billion parcels by FY28.
According to the most recent Redseer Strategy Consultants report, the Indian e-logistics market will continue to grow significantly in FY23. Total shipments (forward and reverse) for e-commerce logistics surpassed billion in FY23 (excluding hyperlocal shipments). In this pie, in-house logistics and third-party players were roughly equal. Throughout the year, the […]
Launch of the National Logistics Portal Marine’s mobile app “SAGAR-SETU” by Union Minister Sonowal.
The “Sagar Setu” mobile app for the National Logistics Portal Marine was introduced by Sarbananda Sonowal, Minister of Ports, Shipping, and Waterways. The Ministry of Ports, Shipping, and Waterways’ “Sagar Setu” mobile app includes a login section, service catalogue, Letter of Credit, bank guarantee, certification, and track & trace functions. […]
Union Budget: India’s logistics sector gets a boost to boost its competitiveness
India’s logistics sector, which employs over 22 million people, is considered the backbone of the country’s economy. With the development of e-commerce and government initiatives like Make in India and Digital India, the sector is expected to grow by 15.5% annually which will have a significant impact on the country’s […]
India Plain Gold Jewellery Exports up 20.98% in 9MFY23: GJEPC
India Plain Gold Jewellery Exports up 20.98% in 9MFY23: GJEPC New Delhi: Post India-UAE CEPA, India’s Plain Gold Jewellery Exports for April-December 2022 (9MFY2023), up 20.98% to Rs 24,242 .91 crore, the Gem and Jewellery Export Promotion Council (GJEPC). This shows that the recently signed Free Trade Agreement between the […]
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