Page 6 - Logistics Sector

A cargo of cash from private equity investors puts logistics in high gear

According to Venture Intelligence data, nearly $896 million was invested by PEs during the first half of 2019 across 16 deals, as against $682 million across 18 deals a year ago

Endgame for Indian logistics?

India is investing in large-scale infrastructure projects which could transform India's modal-mix from one that is now dominated by moving goods by road, to one that is more balanced and flexible

Govt giving final touches to logistics policy; draft to reach Cabinet soon

Targeting faster movements of goods nationwide and integrating logistics channels, the policy is set to lower India's high logistics costs and boost the export of commodities

Logistics market seen growing 10.5% a year, to reach $215 bn by 2020: Study

In 2017, the logistics sector absorbed 22 million people. Employment is expected to surge to 40 million by 2020

Logistics sector needs to harness technology

The transition to a technologically upgraded model is bound to unlock scale economies across the supply chain

Logistics sector gets infrastructure status

To attract more funding at competitive rates for these segments

Govt may grant infrastructure status to logistics sector soon

Logistics costs of exports are very high in India and due to this, Indian goods are less competitive in global markets

India's logistics sector likely to grow by 9-10% annually: Icra

It said while there have been fluctuations in the economy and freight demand due to GST implementation, the impact of the same would be temporary and would be corrected over the near term

Long dominated by men, logistics firms now hiring women to check attrition

Organised players to lead the way with gender diversity getting a conscious push among large firms

Domestic, global logistics companies look to India for increased investment

While Goods and Services Tax (GST) continues to remain in a state where several loose ends still need to be tied, logistics companies-both domestic and global, are not just bullish about the sector but are actively making investment plans for the coming fiscal."For us, I do not see investments getting hampered if GST gets delayed. GST can only add to our current investment plans. As of now, in a growing logistics market like India, higher investments are much a need of the business to improve earnings and streamline operations," said Abhishek Chakraborty, executive director at DTDC Express. The Bengaluru-based company has 60-65 percent of its total revenue coming from express business where it competes with logistics express giants like Blue Dart, Fedex. Apart that, DTDC is into supply chain as well as the e-commerce segment. "We plan to invest about Rs 20-25 crore through internal accruals of which a part will go into technology, hardware and increasing head count. Also, over next ...

Logistics shares extends gain; Gati, Snowman up over 3%

Gati, Patel Integrated, Snowman, TCI, Allcargo Logistics, Gateway Distriparks and VRL Logistics were up 1%-5%

Logistics stocks trade weak ahead of vote on GST

Snowman Logistics, Allcargo Logistics, VRL Logistics, GATI and Transport Corporation were down by 1%-3% on the BSE.

India can save $50 billion if logistics costs are lowered: Study

If costs are brought down to 9% of GDF from current 14%, savings are likely, the study states

Ashok K Lahiri: Removing the roadblocks before logistics

To improve the efficiency of the logistics sector in India, road transportation has to become more efficient

Ashok K Lahiri: Logistics as an 'industry'?

Hard physical support for the logistics sector is included under infrastructure & eligible for preferential financial & tax treatment