Global trade and supply chains are the lifelines of the modern economy, linking nations, businesses, and consumers in a network of exchange and interdependence. Over the years, these systems have evolved into intricate webs designed to optimize cost, efficiency, and speed. However, in recent times, the dynamics of trade and […]
A report by CREDAI and CRE says that the Indian warehouse sector will cross 300 sq. According to a report initiated by CREDAI and CRE Matrix. Currently, total Class A storage capacity is 216.2 MSF. Rental prices in India increased by 5% in the first quarter of 2024; This is […]
The Indian minister met with the Saudi Arabian deputy minister and they discussed arrangements for pilgrims. Muktesh K Pardeshi, Secretary (Consultant, Passport, Visa and Overseas India) discussed preparations for Hajj 2024 in Jeddah and Medina. Pardeshi held a meeting with Saudi Arabian Deputy Minister Abdul Fattah Mashat and discussed the […]
The Indian government is focusing on improving infrastructure, increasing exports and expanding India’s infrastructure in its plan to make India “Viksit Bharat” by 2047. The government is laying emphasis on policies like “National Prime Minister GatiShakti Plan” and “National Instrumental Policy” which are effective measures to achieve this goal. To […]
With Budget 2024 in mind, logistical transparency must be strategically prioritized. The budget plays a crucial role in guiding the logistics industry toward transparency and resilience by streamlining regulations and coming up with creative solutions. The following is what to anticipate from the next budget: 1. Accountability and Transparency: A […]
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 […]
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 […]
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