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Quick Commerce market, currently led by Dunzo and Swiggy Instamart, has a penetration of 7% in the online consumables market which is expected to become 12-13% by 2025.

Quick commerce to grow 10-15x in 5 years to $5 billion market by 2025

28 July 2021 12:23 PM IST
July 28, 2021: According to the latest report Quick Commerce: A $5 billion market by 2025 launched by homegrown consulting firm RedSeer, the market...
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The agreement has been signed between managing director Rajasekaran s & executive director Abhijit Verma from Avigna Group and Tamil Nadu chief minister MK Stalin.

Avigna Group signs MoU with Tamil Nadu government to invest ₹837 crore

28 July 2021 11:16 AM IST
July 28, 2021: Avigna Industrial & Logistics Park, part of Chennai-based Avigna Group, now a 45-year-old conglomerate has signed a Memorandum of...
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The 3PL company registered 113 percent growth in overall quarterly revenue, despite the disruptions due to the second wave of Covid 19.

Mahindra Logistics’ EBITDA grows to ₹47 cr in Q1 FY22; revenue at ₹873 cr

27 July 2021 6:41 PM IST
July 27, 2021: One of India’s large 3PL solutions providers, Mahindra Logistics (MLL), today announced its consolidated financial results for the...
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PAT decreased to %u20B90.60 crore in the current quarter from %u20B90.78 crore in the same period in the previous year (%u20B90.42 crore in Q4 FY20-21).

Snowman reports ₹66 crore revenue, ₹17 crore EBITDA in Q1 FY22

27 July 2021 6:00 PM IST
July 27, 2021: During the quarter ended June 30, 2021, Snowman Logistics recorded revenue of ₹66.06 crore against ₹55.12 crore in Q1 FY20-21  and...
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Headquartered in Hamburg, Hermes is a leading global logistics services company providing logistics solutions primarily to the retail industry.

Jeena & Co forms exclusive partnership with German logistics firm Hermes

26 July 2021 3:54 PM IST
July 26, 2021: The legacy logistics company Jeena & Co. and German-based Hermes World have come together in a strategic and exclusive partnership,...
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Located on SH-07 (Viramgam Becharaji Highway), ESR Jalisana Industrial & Logistics Park will cater to expansion and consolidation needs for engineering, electronics, energy, construction, machinery, automobile, auto-ancillary, e-commerce, and 3PL companies in the region

ESR to develop Grade A industrial, logistics park in Jalisana, Gujarat

26 July 2021 2:13 PM IST
July 26, 2021: ESR has announced its plan to develop a 36.5-acre industrial and logistics park in Jalisana, an emerging industrial hub of North...
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According to a 2019 study done by the Central Institute of Post-Harvest Engineering and Technology (CIPHET), India has wasted a whopping 16 percent of its fruits and vegetables every year due to a weak cold chain infrastructure.

Demand up, but can India’s perishable logistics market deliver?

24 July 2021 11:02 AM IST
The pandemic coupled with increasing demand in Tier 1 and 2 cities and technological advancements has brought into sharp focus how investments flowing...
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35 MMLPs being implemented by MoRTH are to be developed under public-private partnership (PPP) on design, build, finance, operate and transfer (DBFOT) mode.

MoRTH to develop 35 multimodal logistics park projects under PPP

23 July 2021 10:19 AM IST
July 23, 2021: Cabinet committee on economic affairs (CCEA) mandated the ministry of road transport & highways (MoRTH) to develop 35 multimodal...
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Dhruv Kumar, deputy chief executive officer, CriticaLog

Ex-Myntra Flipkart director Dhruv Kumar joins CriticaLog as deputy CEO

22 July 2021 6:09 PM IST
July 22, 2021: CriticaLog has announced the appointment of Dhruv Kumar as deputy chief executive officer.
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Deven Pabaru, chief executive officer, Stellar Value Chain Solutions

Burgeoning e-commerce will lead to exponential growth in technology adoption

22 July 2021 2:54 PM IST
In an exclusive conversation with Surya Kannoth, Stellar Value Chain Solution’s chief executive officer Deven Pabaru reveals the company’s roadmap...
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The winners will be announced on October 31, 2021. All case studies by finalists in the national jury round will be showcased in the logistics excellence gallery.

India launches national excellence awards for logistics industry

21 July 2021 6:02 PM IST
July 21, 2021: With a view to turning the spotlight on the logistics sector, the government of India on Monday announced the launch of the National...
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Thermo King refrigeration units can maintain the right temperatures, from 25 to %u2013 70 degree Celsius for an extended period, and can help reduce risk of degradation of the vaccine.

Thermo King helps cold chain firms to move Covid vaccines across India

19 July 2021 2:28 PM IST
July 19, 2021: Thermo King by Trane Technologies is strengthening India’s Covid-19 vaccination drive with its end-to-end refrigerated transportation...
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