Logistics Sector

Blue Dart said that this move marked a significant advancement towards cleaner and more efficient delivery solutions

DPIIT hosts Vietnamese delegation to promote bilateral cooperation in Infra, logistics sector

Around 80 participants, including Vietnamese delegates from various logistics and supply chain companies and associations, had fruitful discussions on both days, the DPIIT said.

Logistics Q4 Preview: Buoyant demand to drive sales, but margins under pressure

A pause in interest rate hikes aided recovery in the automobile sector, likely a key growth tailwind for logistics firms in the January-March 2023 quarter.

India’s logistics sector is far from improvement despite a national policy, costs remain high, hurting export competitiveness

A Parliamentary Standing Committee has found that many of the suggestions the panel made last year to various ministries, on ways to lower logistics costs and augment infrastructure, have not been implemented

ADB approves $250 million loan to strengthen logistics sector

The loan will finance the first sub-program of the strengthening multimodal and integrated logistics ecosystem program, which supports the government's efforts to create a comprehensive policy, planning, and institutional framework at the federal, state, and city level, it said in a release.

Logistics sector: Expectations from the Union Budget 2021

Announcement of economic relief packages to support the fleet and warehouse owners would ease some of the existing stress of the sector and restore the shaken industry confidence

Coronavirus pandemic | Logistics sector divided over impact but worries remain

The fear is that the temporary spike in demand may be followed by a slowdown due to supply constraints.

Investment in logistics sector to touch $500 bn by 2025: Suresh Prabhu

Prabhu said the government is taking legislative as well as administrative measures for an integrated strategy to reduce logistics related hurdles for boosting domestic and global trade.

Logistics sector gets infrastructure status

The government has been working on ways to attract more investments into transport and logistics as part of efforts to bolster infrastructure development in the country. Amending the existing framework, a notification issued by the Department of Economic Affairs (DEA) has widened the category of infrastructure sub-sectors to "transport and logistics" from the earlier sub-head of "transport".

Indian logistics sector to grow by 9-10% per annum: ICRA

"With a gradual improvement in most of economic indicators over the past couple of months, the outlook for the logistics companies is positive in the medium term. ... The Indian logistics industry is expected to grow by 9-10 per cent per annum over the medium term," ICRA said in a statement.

Logistics to grow at 10%, GST to benefit organised players: Report

"Indian logistics industry is at the cross-roads, poised for growth on the back of the economic recovery and changing industry dynamics," domestic ratings agency Icra said in a note.

Ashok Leyland eyes stronger presence in logistics sector

The company is enhancing its range of fully built vehicles in order to tap the sector which is expected to grow at a CAGR of 16 percent.

'Logistics sector could save USD 200 bn annually post GST'

With the introduction of Goods and Services Tax, many taxation procedures will come down, nearly halving the cost of inventory as customers will not need to pile up stocks in different warehouses, say experts.

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

Growth in logistics sector would imply improved service delivery and customer satisfaction, leading to growth in exports of Indian goods and potential to create job opportunities.

Logistics: Growth enablers visible, says Motilal Oswal

Motilal Oswal has come out with its report on logistics sector. The research firm initiates coverage on Container Corporation and Gateway Distriparks key beneficiaries of dedicated rail freight corridors and economic revival, with a Buy rating. "Growth enablers visible; opportunities galore", says the report.