Reading Time: 2 minutes Welspun One Logistics Parks (WOLP) on Wednesday announced the launch of its flagship 110-acre, 3.2 mn sq ft Grade A warehousing park in Bhiwandi. The new flagship project is aimed … Read More
Category: Warehousing
FM Logistic to add 40 lakh sq feet of warehousing space, witness revenue growth of 15% in 2019-20
Reading Time: 2 minutes FM Logistic India announced plans to add 40 lakh sq feet of warehousing space under its operations over the next three years and aims to log 35 per cent growth … Read More
Allcargo reckons on a debt-free ending after Blackstone deal closure by Dec
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Reading Time: 2 minutes Allcargo Logistics looks forward to being debt-free by the end of the year upon concluding the sale of its warehousing unit to private equity major Blackstone. In January, Blackstone shared that it would … Read More
Logistics and Warehousing to emerge stronger than ever before
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Reading Time: 3 minutes The logistics and warehousing sector is the backbone of the Indian economy. Driven by economic growth, urbanization and changing consumer preferences, the scope of this industry has widened from mere … Read More
Warehousing sector to benefit from new trends in the post-COVID world
Reading Time: 3 minutes Despite the downturn of the Indian real estate industry owing to the present situation, the warehousing segment in India is emerging as a strong contender and a promising opportunity. Experts … Read More
Tier II, III cities emerging as preferred Warehousing Hubs: experts
Reading Time: 2 minutes In-city warehousing has taken a plunge due to the ongoing lockdown, with tier II and III locations emerging as preferred warehousing hubs and investment destinations, industry experts opine. Mainly focused in … Read More
Amazon India to hire 50,000 temporary staff to keep up with rising demand
Reading Time: 2 minutes With the easing of restrictions allowing non-essentials to function, Amazon India has announced that it will hire nearly 50,000 temporary workers to cope with surging demand from online shoppers for both … Read More
Container Freight Station: Shipments not loaded for 10-15days as operators demand levies amid lockdown
Reading Time: 2 minutes Due to the paucity of labour and equipment operators in the midst of the nationwide lockdown , shipments have not been loaded for up to 10-15 days of arrival of … Read More
UP govt accords Industry status to Logistics and Warehousing sector in the state
Reading Time: 2 minutes The Uttar Pradesh Government on Tuesday decided to accord Industry status to the Warehousing and Logistics sector in the state, which will help reduce cost of setting up of parks … Read More
Despite drop in demand, Warehousing & Logistics steering towards recovery: Research
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Reading Time: 3 minutes The logistics and warehousing sector is on a path of recovery, despite industrial and logistics demand dropping by 30% in Q1 2020- as per JLL’s recent report. The warehousing absorption … Read More
