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During the pandemic induced lockdowns, the sector has stood the test of time by supporting the movement of essentials and non-essentials. Now it is expecting the government shower much-needed attention to it.

Budget 2021: 10 things logistics industry expects from Nirmala Sitharaman

29 Jan 2021 11:19 AM IST

January 29, 2021: Finance minister Nirmala Sitharaman will be presenting India’s union budget for FY 2021-22 before the parliament on February 1,...

Prem Kishan Dass Gupta, chairman &amp;amp; managing director, Gateway Distriparks

Gateway Distriparks posts 5% income increase to ₹266 crore in Q2 FY21

29 Oct 2020 6:33 PM IST

October 29, 2020: The integrated inter-modal logistics facilitator Gateway Distriparks (GDL) today announced its unaudited financial results for the...

Adani Logistics has no right to purchase and Gateway Distriparks has no obligation to sell its shareholding in Snowman to Adani.

Snowman withdraws arbitration against Adani, signs agreement

6 July 2020 12:30 PM IST

July 6, 2020: The cold chain solution provider Snowman Logistics withdrew the arbitration invoked against Adani Logistics regarding the proposed sale...

Prism had availed a term loan facility of Rs 75 crore from IFIN in September 2017, which was to be repaid by October 2020.

Gateway Distriparks repays loan and de-pledges share held with IL&FS

28 April 2020 3:11 PM IST

April 28, 2020: Prism International, a subsidiary of Gateway Distriparks, repaid the entire loan amount of Rs 75 crore along with interest and TDS on...

EBITDA increased by 279% to Rs 261.5 crore from Rs 69.1 crore in the same period. PBT and PAT hiked by 27% and 43% respectively for the nine months.

Gateway Distriparks registers 215% revenue growth in Apr-Dec 2019

23 Jan 2020 5:48 PM IST

January 23, 2020: The integrated intermodal logistics provider, Gateway Distriparks' revenue increased by 215% to Rs 1,005.4 crore in nine months from...

SLL operates from 31 temperature-controlled warehouses at 15 locations with a capacity of 1,04,343 pallets and 293 refrigerated vehicles.

Adani enters cold chain logistics by acquiring 40.25% of Snowman

27 Dec 2019 6:19 PM IST

December 27, 2019: Adani Logistics today announced the signing agreements to acquire 40.25 percent stake in Snowman Logistics Ltd. (SLL) for Rs 296...