By: Our Correspondent Share this article January 21, 2020: Reliance retail is searching for thousands of store spaces between 500 square feet and 1,500 feet to set up small grocery stores called Reliance Smart Points across the country and particularly in and around cities. “Reliance Retail is…

By: Our Correspondent Share this article January 21, 2020: Amazon India announced that its fleet of delivery vehicles in the country will include 10,000 electric vehicles (EVs) by 2025. This comes after successful pilots across different cities in 2019; learnings from which have helped the company…

By: Our Correspondent Share this article January 20, 2020: E-commerce marketplace, Flipkart, announced the strengthening of its supply chain infrastructure by inaugurating two of its largest fulfilment centres (FCs) spread across nine lakh square feet in Farrukhnagar, Haryana. The FCs is expected to…

By: Our Correspondent Share this article January 20, 2020: The global logistics provider, Kuehne + Nagel, announced the merging of its south (based in Shanghai) and north (based in Singapore) region of Asia Pacific to a single region in order to concentrate strengths and target a stronger role in…

By: Our Correspondent Share this article January 17, 2020: India’s largest zinc-lead miner, Hindustan Zinc (HZL) partnered with FarEye, a SaaS-based predictive logistics platform, to build first Logistics Control Tower in the industry which will monitor and control more than 30,000 trips per month.…

By: Our Correspondent Share this article January 16, 2020: To decongest major cities in the country, National Highways Authority of India wants to complete 22 greenfield expressways which will have a length of 7500 kilometres and require Rs 3.10 lakh crore investment by 2025. “Of the 7,500 km new…

By: Our Correspondent Share this article January 16, 2020: The world’s richest person and founder of Amazon.in, Jeff Bezos announced that his company will help to export ‘Made in India’ products worth Rs 70000 crore in next five years during Amazon Smbhav, the on-going summit for micro, small and…

By: Our Correspondent Share this article January 15, 2020: To explore opportunities for mutual cooperation and sustainable development between Jawaharlal Nehru Port Trust (JNPT) and Port of Oslo, Consul General Norway Ann Ollestad visited the Indian port. “A collaborative effort from both nations…

By: Our Correspondent Share this article January 15, 2020: Ministry of Civil Aviation (MoCA) is providing a one-time opportunity for voluntary disclosure of drones and drone operators for the identification purpose. The deadline to submit the required information to the government is January 31,…

By: Our Correspondent Share this article January 14, 2020: Bangalore International Airport Limited (BIAL) entered into an agreement with the German aircraft recovery equipment supplier KUNZ GmbH to manufacture, supply, commission and maintain the specialised Disabled Aircraft Recovery Equipment…

By: Our Correspondent Share this article January 8, 2020: According to the November 2019 air freight results of The International Air Transport Association (IATA), airlines of Asia-Pacific saw demand for air freight contract by 3.7 percent, compared to the same period in 2018. This was the sharpest…

By: Our Correspondent Share this article January 8, 2020: The global IT logistics partner, Kale Logistics Solutions, signed a Memorandum of Understanding (MoU) with the Taiwan based customs clearance platform developer Trade-Van to facilitate the issuance of digital Certificate of Origin (eCoO). The…

By: Our Correspondent Share this article January 6, 2020: Amazon India has signed two long-term business agreements with Future Group to be the authorized online sales medium for Future Retail (FRL) stores and consumer brands. FRL’s stores offering products across fashion, appliances, home, kitchen…

By: Our Correspondent Share this article January 4, 2020: CredAble, the financial technology platform for supply chain, is looking to raise $15 mn to $20 mn for its Series B round by September 2020. Ram Kewalramani, co-founder and managing director, CredAble said “Even though CredAble is adequately…

By: Our Correspondent Share this article January 4, 2020: Delhi International Airport Limited (DIAL) became the exclusive cargo transshipment centre for China in India and the Chinese cargo to the central Asian countries will be now sent through Delhi Airport’s newly launched Transshipment…

By: Our Correspondent Share this article January 4, 2020: India’s largest port developer, Adani Ports and Special Economic Zone Limited (APSEZ), acquired a controlling stake of 75% from the existing shareholders of Krishnapatnam Port Company Ltd. (KPCL) for Rs 13,500 cr. The acquisition is subject…

By: Our Correspondent Share this article January 3, 2020: BVC Clearance, a BVC Logistics enterprise awarded the ‘Best Customs Broker of the Year 2019’ award at the 46th India Gem & Jewellery Awards (IGJA) 2019 organized by the Gems and Jewellery Export Promotion Council (GJEPC). Since its inception,…

By: Our Correspondent Share this article January 3, 2020: Sharad Kumar Saraf, president, Federation of Indian Export Organisations (FIEO) responded to the reports in the media regarding discontinuation of Merchandise Exports From India Scheme (MEIS) benefits with effect from January 01, 2020. He…

By: Our Correspondent Share this article January 3, 2020: Jiomart, the online grocery of Reliance Industries is now available in Mumbai Suburbs such as Navi Mumbai, Thane and Kalyan. The web portal that offers 50,000 grocery items with free home delivery, no questions asked return policy and express…

By: Our Correspondent Share this article January 02, 2020: APM Terminals Mumbai, the container terminal handling facility at Jawaharlal Nehru Port Trust (JNPT) has handled more than two million TEUs (Twenty-Foot Equivalent Units) throughput in 2019. This is for the second time that the terminal,…

By: Our Correspondent Share this article January 2, 2020: Finance Minister Nirmala Sitharaman may raise the 49 percent foreign direct investment cap in the country’s aviation industry to 100 percent during the upcoming budget in February 2020. Particularly, the government wanted to attract…

By: Our Correspondent Share this article January 02, 2020: IndoSpace, a leading developer of Grade A industrial real estate and logistics parks, today announced the launch of three new industrial and logistics parks in Becharaji in Gujarat, Anantapur in Andhra Pradesh, and Sohna Taoru in Haryana.…

By: Our Correspondent Share this article January 2, 2020: 15 branch offices of Dachser India have completed the rollout of the in-house air and ocean freight management system, Othello, in December 2019. Available in 21 countries, the software allows all stakeholders to track shipments with a unique…

By: Our Correspondent Share this article December 30, 2019: With Finance ministry’s approval to run 150 private trains in the country, Indian Railways will be inviting bids within two weeks. Indian Railways has picked 100 routes to run 150 private passenger train rakes and bids for the routes are…

By: Our Correspondent Share this article December 30, 2019: The government of India is planning to release the final e-commerce policy by the end of this financial year to set up legal, technological and market regulations on e-retailers. The policy draft was released in February 2019 for public…

By: Our Correspondent Share this article December 28, 2019: The online grocery retailer, Grofers, tied up with the online truck booking company, Mavyn Logistics, for end-to-end supply chain solution. This is another client of the logistics tech company after Flipkart, Amazon and Urban Ladder,…

By: Our Correspondent Share this article December 28, 2019: Air freight trade in both Asia-Pacific and the Middle East declined by 4 percent according to the October report of Airports Council International (ACI). “While most major air freight hubs in the region reported declines during the month, a…

By: Our Correspondent Share this article December 28, 2019: The world’s largest container shipping company, AP Moller-Maersk, is planning for some bolt-on acquisitions to accelerate its supply chain solutions, truck freight and warehousing services to become a factory to distribution integrator. In…

By: Our Correspondent Share this article December 27, 2019: Adani Logistics today announced the signing agreements to acquire 40.25 percent stake in Snowman Logistics Ltd. (SLL) for Rs 296 crore from Gateway Distriparks Ltd. Adani Logistics Limited (ALL) is a wholly-owned subsidiary of Adani Ports…

By: Our Correspondent Share this article December 27, 2019: On promotion, general manager - vigilance Suresh N. Borkar appointed as the executive director-vigilance of Airports Authority of India (AAI) on December 20, 2019. He has Joined AAI in May 1990 as electronics officer and served at various…

By: Our Correspondent Share this article December 26, 2019: E-commerce giant Alibaba plans to invest $10 million in Pune based logistics startup XpressBees in an extension of the $35 million investment during Series D round in 2017, as revealed by the regulatory filling. In an extraordinary general…

By: Our Correspondent Share this article December 26, 2019: The Union Cabinet led by Prime Minister Narendra Modi has approved an organisational restructuring of the Indian Railways by unifying the eight departments into a single service called Indian Railway Management Service. Unification of…

By: Our Correspondent Share this article December 26, 2019: The government of Andhra Pradesh along with RITES Ltd has approached the Ministry of Environment to develop a new 3437-acre non-major state port with a capacity of 125,000 deadweight tonnage (DWT) at Ramayapatnam in the district of…

By: Our Correspondent Share this article December 24, 2019: The US-based asset management company Blackstone and the Indian real estate developer Hiranandani has formed a 50:50 joint venture to develop industrial, logistic and warehousing facilities in India with an initial investment of Rs2500…

By: Our Correspondent Share this article December 24, 2019: Delta Air Lines inaugurated its services in India today with the only nonstop flight between Mumbai International Airport and John F. Kennedy International Airport, New York. The 16-hour flight also offers a range of onward connections to…

By: Our Correspondent Share this article December 24, 2019: In a regulatory filing to BSE on December 23, the Indian carrier SpiceJet announced the re-started operations of the three B737 freighter aircraft which were grounded on December 13 due to the discovery of a potential defect. Launched in…

By: Our Correspondent Share this article December 24, 2019: Etihad Cargo, the cargo and logistics arm of Etihad Airways, becomes the second only international carrier to receive International Air Transport Association’s (IATA) Centre of Excellence for Perishable Logistics (CEIV Fresh). The…

By: Our Correspondent Share this article December 23, 2019: World Association for Small and Medium Enterprises (WASME) presented its warehouse and logistic innovation award to Gandhi Automations during the 23rd International Conference for SMEs (ICSME) on December 17, 2019, at WASME International…

By: Our Correspondent Share this article DECEMBER 23, 2019: Jabil Circuit India has leased 60,000 square feet of light manufacturing and assembling facility at IndoSpace Industrial Park Ranjangaon, Pune for its plastic and metal parts manufacturing division, Jabil Green Point. Jabil Circuit India…

By: Our Correspondent Share this article December 23, 2019: Gateway Distriparks Ltd (GDL) has completed the divestment of its second Container Freight Station (CFS) in Chennai, held in its subsidiary, Chandra CFS & Terminal Operators Private Limited, to Team Global Logistics Private Limited, for…