Industry News & Insights

Digitalization can significantly enhance sustainability in supply chains, especially in the least developed countries (LDCs). Technologies like artificial intelligence (AI), blockchain, and the Internet of Things (IoT) offer opportunities to improve efficiency, reduce waste, and increase transparency. This digital transformation is crucial for addressing sustainability concerns while promoting economic, social, and environmental benefits. Successful digitalization …

How Can Digitalization Drive Sustainable Supply Chains in the Least Developed Countries? Read More »

The demand for Grade A warehousing in India is set to grow significantly, driven by the retail, e-commerce, and third-party logistics (3PL) sectors. According to a recent analysis by Alvarez & Marsal India, a global professional services firm, this demand is expected to post a compound annual growth rate (CAGR) of 12.5% until FY30, reflecting …

Industry News and Insights: Grade A Warehousing to Witness 12.5% CAGR Growth Until FY30 Read More »

IndoSpace, a leading industrial and logistics real estate developer, has announced plans to develop two significant logistics parks in Karnataka with a combined investment of ₹580 crore. This initiative is part of a broader ₹3,000 crore commitment made under a Memorandum of Understanding (MoU) with the Government of Karnataka in 2022. The two new parks, …

IndoSpace to Develop Two Major Logistics Parks in Karnataka with ₹580 Crore Investment Read More »

Rapid Multimodal Logistics, a Chennai-based logistics services provider, has launched its initial public offering (IPO) on August 22, 2024. The IPO, categorized under the Small and Medium Enterprises (SME) segment, aims to raise ₹8.49 crore through the issue of 1,011,200 equity shares with a face value of ₹10 each. The price band has been set …

Rapid Multimodal Logistics IPO: Key Details and Insights Read More »

As the festive season approaches, the logistics industry experiences a dramatic surge in demand, challenging businesses to meet heightened expectations for timely and efficient deliveries. To navigate this busy period, several industry leaders are setting new standards in logistics through innovative technologies and streamlined processes. Locus.sh is revolutionizing route optimization with its AI-driven technology, which …

Tech-Enabled Festive Season Logistics: Setting New Standards in Efficiency and Speed Read More »

The retail industry is experiencing a significant transformation as cloud computing emerges as a key driver of efficiency, customer satisfaction, and competitive edge. Traditional supply chain models, characterized by manual processes, are giving way to cloud-based solutions that streamline operations and integrate data from various sources. Core Benefits of Cloud Computing in Retail: Enhanced Agility …

Warehousing Demand Shifts Across Major Indian Cities: A Mid-Year Review Read More »

The retail industry is experiencing a significant transformation as cloud computing emerges as a key driver of efficiency, customer satisfaction, and competitive edge. Traditional supply chain models, characterized by manual processes, are giving way to cloud-based solutions that streamline operations and integrate data from various sources. Core Benefits of Cloud Computing in Retail: Enhanced Agility …

Cloud Computing Revolutionizes Modern Retail Supply Chain Management Read More »

India’s logistics costs are projected to drop below 9% of GDP by April next year, thanks to government investments in infrastructure and technology improvements in the sector. Union Minister Nitin Gadkari announced a significant reduction in logistics costs in India, expected to fall below 9% of GDP by April next year. Currently, logistics costs in …

India’s Logistics Costs to Drop by April. Read More »

The Indian logistics sector is witnessing significant growth and transformation. India’s rank in the World Bank’s Global Logistics Performance Index improved to 38th in 2023, with a goal to break into the top 25 by 2030. The industry is expected to grow at a CAGR of 11%, reaching $468 billion by FY2027. This sector is …

Lower Logistics and Supply Chain Costs Can Significantly Bolster Growth Read More »

Amid growing demand from the manufacturing sector, warehouse transactions across eight primary markets in India were recorded at 23 million square feet in the first half this year