Logistics parks construction to kick off at 4 major cities

The construction of logistics parks starting with four major cities – Bengaluru, Mumbai, Surat and Nagpur – has received a major push from the government following the Union Cabinet’s approval last month to set up logistics parks at 35 locations under the Bharatmala programme. The multimodal parks are being planned as centres of freight aggregation, … Continue reading “Logistics parks construction to kick off at 4 major cities”

LOGOS invests $800 million in India to progress pan-Asian strategy

With investment commitments from Ivanho Cambridge and QuadReal Property Group, LOGOS India announced today that it would allocate USD 800 million or INR 52.12 billion towards developing high-calibre, modern logistics facilities at targeted cities around India. Earlier this year, LOGOS Group (Australia’s integrated logistics real estate firm) partnered with an Indian firm, Assetz Property Group … Continue reading “LOGOS invests $800 million in India to progress pan-Asian strategy”

Indospace bets on Indian logistics as e-commerce booms

Indospace was among the early movers to bet on India’s zero-mile city, Nagpur emerging to become one of Asia’s key logistics hubs. The storage facility developer and industrial real estate investor pledged USD 1 billion towards expanding warehousing space in India. After recently selling off a large segment of its logistics assets to Canada Pension … Continue reading “Indospace bets on Indian logistics as e-commerce booms”

Diwali flames e-commerce giants to vamp up logistics

E-tail giants, Amazon and Flipkart, began preparations to double their offerings and logistics chains early last month in preparation for India’s largest and grandest annual festival, Diwali. In a vividly competitive spirit, the industry behemoths expect a neck to neck battle to maximise wallet share. The expected volume in sales could alter each company’s overall … Continue reading “Diwali flames e-commerce giants to vamp up logistics”

Amazon tests in-house delivery service to rival UPS and FedEx

Amazon’s ardent experimentations in shortening delivery times and inventory costs have forayed a new segment that inches the e-tail giant closer to the logistics market led by delivery partners like United Parcel Service Inc. and FedEx Corp. Amazon ensures two-day deliveries on a vast range of fast moving product skews. In an effort to increase … Continue reading “Amazon tests in-house delivery service to rival UPS and FedEx”