Key drivers for demand pick-up would be the festive season as well as the anticipated revival in infrastructure spending post-monsoon
logistics
Nippon Express buys 22% in Biyani’s logistics company for Rs 646 crore
FSC would sell about 10 million shares in the company at Rs 664 per share
Eicher Trucks and Buses unveils India’s first BS-VI CV range expands light duty trucks portfolio
Enters into a new range of Light-duty trucks with Eicher Pro 2000 series
Bosch preps up for the factory of future
Established in 2018, Bosch Connected Industry business unit has more than 50 international customers
GEFCO India appoints Prasanna Kumar MV as CEO & MD
In a move to bring the success of its global practices to India and further shape the future of the country’s supply chain solutions, Prasanna will drive GEFCO’s presence and expansion within the market.
Godrej Material Handling launches ‘Godrej RenTRUST’
The unique equipment rental brand from Godrej Material Handling will provide 360-degree solutions including manpower, machine, fuel and maintenance to customers across India
Logistics sector to add 1.49 lakh jobs in Apr-Sept, says TeamLease report
The TeamLease Services biannual Employment Outlook report for Apr-Sep 2019-20 estimated that the logistic sector will witness a growth of 3%
Demand for logistics & warehousing space outstrips supply; to clock approx. 38mn sq-ft by end 2019
Structural reforms and implementation of GST have bolstered demand
Baker Hughes, a GE company, launches its multimodal facility expansion in Angola
Expansion supports company’s localisation strategy and serves as hub to serve customers in Angola and Southern Africa region
Supply chains are changing, and how
Supply chains are getting extremely advanced. It is helping managers to move from cutting costs to enabling new processes and making corporations more connected