Nitin Gadkari lays down roadmap to lower logistics cost
NEW DELHI : Speaking on the second day of the Republic Summit, Union Minister of Road, Transport, and Highways, Shri Nitin Gadkari, stressed the need to reduce the logistics cost in a bid to
APSEZ customs receipts top Rs 80,000 cr
AHMEDABAD : Handling about a quarter of India’s port cargo and generating customs receipts worth over ₹80,000 crore for the government, Adani Ports and Special Economic Zone (APSEZ) has a lot riding on it and are
DP World launches Mundra Port-Ahmedabad Inland Terminal Double-stack cargo train service
AHMEDABAD : Global logistics major DP World on Tuesday said it has launched double-stack train services from Mundra port to its Ahmedabad inland terminal in Gujarat. “The double-stack train service will further boost the
Fin-Min approves Navratna status to RVNL
NEW DELHI : Finance Minister Smt Nirmala Sitharaman has approved the upgradation of RVNL( Rail Vikas Nigam Limited) to Navratna CPSE. RVNL will be the 13th Navratna amongst the CPSEs,” Department of Public Enterprises
Industrial & logistics sector leasing rises 26% YoY to 8 million sqft in January-March : CBRE
NEW DELHI : Industrial & Logistics (I&L) sector leasing grew 26% year-on-year (YoY) to 8 million square feet (msf) in January-March 2023, while supply rose 28% YoY to 7.6 mn sq ft, according to
PIL successfully handled intermodal service from India to Ethiopia
SINGAPORE : PIL successfully delivered 10 TEUs or five 40’ HC containers of cargo through its intermodal service of ship and trucks, from India to Ethiopia via Djibouti in East Africa. It was all the
UltraTech pioneers Coastal waterways to transport Phosphogypsum
NEW DELHI : In a first-of-its-kind initiative in India, inland and coastal waterways have been leveraged by UltraTech Cement Limited, the cement flagship company of Aditya Birla Group (ABG), to transport Phosphogypsum consignment. The consignment of
V-Trans plans to achieve a turnover of 3000 crore by FY26, expands presence in Southern India
MUMBAI : V-Trans (India) Ltd, has set an ambitious goal of reaching a turnover of 3,000 crores in the next three years. This goal is in line with the company’s focus on expanding its
CEAT Tyres sees 25% revenues coming from exports
MUMBAI : CEAT Tyres sees a fourth of its revenue coming from exports and seeks to be India’s No.1 passenger car radial (PCR) tyre maker by 2026. As part of a plan to accelerate exports,
Kuehne+Nagel appoints Deepak Kumar as AIR Logistics Head for India, Sri Lanka, and the Maldives
NEW DELHI : Kuehne+Nagel, a leading global logistics company has announced the appointment of Deepak Kumar as the AIR Logistics Head for India, Sri Lanka, and the Maldives, effective 1st April 2023. In his