Logistics sector

Due to the increasing COVID cases in China, consumer durable makers are stocking up on raw materials to deal with contingencies New Delhi: Worried over soaring COVID-19 cases in China, consumer durable makers are stocking up on raw materials to deal...

The Commerce Ministry is working on a proposal to set up a separate logistics unit to deal with the issues, including rising costs, that are impacting global competitiveness of exporters. There is no single department or ministry at present to...

Although online businesses started developing in the late 1990s, the supporting ecosystem was not yet in place. The first wave of e-commerce in India was hampered by low Internet penetration and speed, a small online shopping user base, low...

With the tech-savvy Gen-Next and the upwardly mobile shopping online to buy even their daily needs in cities and towns across India, third-party logistics firms are riding high on the e-commerce boom. Though leading e-tail behemoths like Flipkart, Amazon and...

India has jumped 19 positions in the Logistics Performance Index (LPI) released recently by the World Bank. The country now stands at the 35th rank among 160 countries, up from the 54th position in 2014. The World Bank studies...