The Red Sea crisis continues to have a significant impact on global supply chains, causing significant disruption to major container shipping companies and increasing transportation costs. The implications of this ongoing conflict go beyond geopolitics and lead to a reassessment of the interaction between maritime and air transport. In this […]
At a time when convenience and accessibility are critical, the rise of internet pharmacies has altered the landscape of healthcare services. Thanks to the development of digital technology, customers may now readily purchase medications online. Nevertheless, companies who want to grow these kinds of activities have to manage a complex […]
As to the findings of a survey commissioned by the Commerce and Industry Ministry, the National Council for Applied Economic Research (NCAER) revealed that India’s logistics expenses decreased from 8.6% to 9.8% of GDP in 2013–14 to 7.8%–8.9% of GDP in 2021–2022. The amount defies previous estimates that put the […]
Remember to mark your calendars for Asia’s premier conference for shippers and logistics and supply chain experts.
The Hong Kong Convention and Exhibition Centre will host the much anticipated Asian Logistics, Maritime and Aviation Conference (ALMAC) once again on November 21 and 22, 2023. ALMAC, which is jointly organized by the Government of the Hong Kong Special Administrative Region and the Hong Kong Trade Development Council (HKTDC), […]
The Indian road logistics sector is poised for a robust performance in the FY-2024 : ICRA The Indian road logistics sector is poised for a robust performance in the financial year 2024, according to the recent announcement from rating agency ICRA. In their statement on Wednesday, ICRA expressed optimism, citing […]
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 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? 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 : 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 […]