UPS unveils integrated logistics facility in Hyderabad

UPS, a U.S based logistics giant has unveiled its new 4,000 sq.ft integrated logistics facility at Begumpet, Hyderabad. The facility will provide integrated services – small package, supply chain solutions and contract logistics – to local businesses, in particular, SMEs, MSMEs and manufacturing clusters, to help them gain faster and more efficient access to international … Continue reading “UPS unveils integrated logistics facility in Hyderabad”

Smart sensors help industrial robots to work with humans

As machine-human collaborations become increasingly important to scale and optimise industrial operations, robotic devices are smarter to detect slight human movements – bridging the gap between homo-machina functions to increase precision and safety. Humantics, an MIT spinout, is developing indoor radar systems that allow robots to detect human movement with greater precision than ever before. … Continue reading “Smart sensors help industrial robots to work with humans”

Dubai based port operator eyes majority stake in Warburg Pincus backed Indian logistics giant

DP World, a Dubai-based port operator, committed $1 billion to Indian logistics earlier this year. The maritime giant will likely allocate a significant portion of this budget to acquire a majority stake in Warburg-Pincus backed Continental Warehousing Corporation – a flagship company of Chennai-based NDR group that is valued at about USD 700 million. CWC, … Continue reading “Dubai based port operator eyes majority stake in Warburg Pincus backed Indian logistics giant”

TVS logistics projects $1 billion revenue from Indian market

Image by: The Hindu Business Line TVS Logistics Services Ltd aims to bring its US, UK and Singapore based expertise in logistics and warehousing to the Indian market. Enhancing cross deployment, integration and team structure will fuel CAGRs of 35%, positioning the multinational player to double in size by 2020. Read more    

Amazon pumps in USD 63 million in India’s ATS unit ahead of festive season

Image by: Shweta Singh Amazon plans to infuse another $62.7 million in its Amazon Transportation Service, ATS after opening its logistics arm for Indian rivals increasing its total authorised share capital to 8 billion. Amazon has so far invested a total of 2.1 billion in its Indian unit as the Indian logistics industry is expected … Continue reading “Amazon pumps in USD 63 million in India’s ATS unit ahead of festive season”