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HomeSupply Chain, Logistics, Warehousing

Supply Chain, Logistics, Warehousing

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Prozo launches cold storage facility in Tamil Nadu

Located near major seafood hubs in the East Coast region of Tamil Nadu and Andhra Pradesh, the facility spans over 30,000 sq. ft. with a height of 39.8 ft. and is compliant with all safety and security norms Bengaluru: Supply...

Shiprocket fulfillment unveils three new warehouses

The largest of the 3 facilities, spanning over 2.2 lakh sq. ft. is the Gurgaon warehouse, which is followed by Bangalore (1.1 lakh sq. ft), and Mumbai (1 lakh sq. ft) New Delhi: Tech-enabled warehousing solution for retail and eCommerce...

Reliance Retail files Infra Investment Trust proposal with SEBI, to raise up to Rs40,000 crore

Reliance Retail plans to raise Rs 400 crore initially within the next two months through the trust New Delhi: Reliance Retail has filed an infrastructure investment trust (InvIT) proposal on Friday with the country’s market regulator Securities and Exchange Board...

Delivery work not permanent career choice, gig staffing segment sees half-yearly churn: experts

A Zinnov and Microsoft study in March noted that gig workers will play an instrumental role in India's USD 5 trillion economy, with the current 77 lakh gig workforce set to triple to 2.3 crore by 2030, generating USD...

Avg monthly rent of warehousing space up 4% in Delhi-NCR in first six months of 2023: Report

The leasing of warehousing and logistics space in Delhi-NCR increased 68% to 4.7 million square feet in the January-June period this year New Delhi: The average monthly rent of warehousing and logistics space in and around the national capital...

India leads global e-commerce surge with 18% parcel volume growth in 2022: Research

India outperforms leading economies including the US, the UK, China, Japan, Italy, Australia, Brazil, Sweden, Norway, France, and Canada, with the highest growth in parcel volumes in 2022 as per research released by Pitney Bowes New Delhi: India's parcel volumes increased...

Snowman Logistics registers 48% growth in revenue in Q1 FY23-24

EBITDA increased to Rs 25.42 crore from Rs 21.26 crore, registering a 20% growth for the same period in the previous year and PAT increased to Rs 3.38 crore from Rs 1.89 crore in the corresponding quarter of the...

Supply chain major Prozo opens three warehouses in Bengaluru and Ludhiana

Prozo expands with three new warehouses in Bidadi and Makali and Ferozpur Road, covering 1.5 million sq. ft. in 12 locations across India with 30 omnichannel fulfilment centres operational Mumbai: Prozo, a full-stack supply chain company, has launched three new state-of-the-art...

KSH Distriparks launches domestic container storage facility for ICD customers

The company said it has redeveloped its existing yards in Pune and expanded its capacity by 20 per cent to manage additional storage, so that it can handle 140,000 twenty-foot equivalent units (TEUs) annually Mumbai: Logistics services provider KSH Distriparks...

How AI is transforming eCommerce logistics

Artificial Intelligence is transforming several critical functions of eCommerce logistics to bring significant improvements in efficiency, accuracy, and cost-effectiveness New Delhi: “The more we can use robots to complete repetitive or distant tasks in highly predictable, structured environments, the more...

Future Enterprises CoC re-constituted, claims over Rs 12,265 cr from financial creditors admitted

The interim resolution professional (IRP) has received claims of Rs 7,014.83 crore from 22 secured financial creditors of FEL New Delhi: Taking a step forward for debt resolution, the interim resolution professional of debt-ridden Future Enterprises Ltd (FEL) has reconstituted...

FM Logistic plans $20 million investment to expand in India

This investment which is to be made in the next 12-18 months, will go into distribution centres, technology and workforce acquisition Pune: French contract logistics major FM Logistic on Tuesday said it plans to invest $20 million (around Rs 164...

Logistics player Gati adds 1000 pin codes to its network

This addition has increased Gati’s direct coverage by 25% Mumbai: Gati Ltd., an Allcargo Group-owned express logistics and supply chain solutions provider, has added 1000 pin codes to its direct delivery coverage network, increasing its direct coverage by 25%, the...

Prozo: Democratizing access to enterprise-grade, future-ready supply chains

We speak with Dr. Ashvini Jakhar, founder and CEO - Prozo - an integrated supply chain company enabling fast fulfillment through its pan-India warehousing and freight network, powered by an end-to-end supply chain tech stack and control tower Quite a...

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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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