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 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 […]
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. […]