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The company plans to use funds to develop infrastructure, cover lease payments, sort centers and for marketing.

The shipbuilding industry is allocated 20% of this capital. India aims to rank in the top five worldwide by 2047.

The collaboration seeks to drive greener, more efficient coastal logistics and accelerate India’s maritime transformation.

The move supports growing logistics demand, driven by India’s rapid economic expansion.

The investment will help IKEA manage capacity, optimise resources, and execute last-mile deliveries more effectively.

The facility will offer end-to-end logistics for e-commerce, FMCG, auto, and retail, covering all transport modes.

The platform has onboarded eKart, Delhivery, and Om Logistics and integrates with the government-backed ULIP.

iTopaz is designed to improve operational scalability and resilience while delivering a seamless user experience.

The appointment is part of the Dutch Ministry of Foreign Affairs’ strategy to deepen engagement with South Asian countries.

The company remains focused on its integrated multimodal logistics and supply chain operations to drive further growth.

India’s e-commerce boom offers vast opportunities for MSMEs, but outdated supply chains, fragmented logistics, and digital gaps threaten to leave...

The outgoing global CFO, Raviprakash Bhagavathula will move to a new role as Head of Strategic Initiatives.