June 2, 2023
This Week's Highlights of Indian Logistics
Adani Ports FY23 revenue up 22%, profit up 9%
Investments of ₹27,000 cr in FY23 primarily funded through internal accruals and cash and cash equivalents.
AISATS, Noida Airport sign multimodal-cargo-hub concession agreement
The MMCH, spanning across 87 acres, will comprise an Integrated Cargo Terminal (ICT) and an Integrated Warehousing & Logistics Zone (IWLZ).
DFC achieves milestone of running 1 lakh trains
Till now, 55,332 trains have moved on Eastern Dedicated Freight Corridor (EDFC) and 44,658 trains on the Western DFC
DP World’s Unifeeder launches new India-Middle East weekly service
DP World’s International Container Transshipment Terminal in Cochin now provides four direct sailing weekly services for the Middle East region.
NSDT, Ganesh Benzoplast partner for liquid cargo terminal at JNP
NSDT is a multipurpose clean cargo terminal, capable of handling container, cement, general cargo, liquid vessels, break bulk, dry bulk etc.
Gati, Schneider Electric partner for green express logistics solutions
Gati has deployed these vehicles from Schneider Electric’s distribution centres at Kundli, Haryana; Bhiwandi, Maharashtra and Chennai, Tamil Nadu.
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Bastian Solutions to open first Indian manufacturing facility in Karnataka
Engineering and manufacturing conveyors in the US since 2010, this site will mark its first step into India’s industrial ecosystem.
The company aims to address the demand within Mumbai as well as commercial goods and fine art movements.
Constantia Flexibles, SB Packagings kick off joint venture
The JV between two packaging industry leaders and Premji Invest as shareholders will leverage each company’s unique strengths and resources.
BLR Airport achieves ACI’s highest Level 4+ Transition & Green Airports recognition
The Level 4+ Transition accreditation is one of the highest accolades an airport can receive under the Airport Carbon Accreditation program.