Material handling equipment and warehousing space are expected to see a surge post covid-19. Safety and automation will play a large role
warehousing
Ascendas India Trust to acquire a warehouse in North India
The proposed acquisition enables a-iTrust to grow its warehousing footprint
CBRE’s GST survey: Almost 70% of occupiers optimistic about the impact of GST on supply chain/warehousing business
80% of respondents felt that the taxation system improved after the implementation of GST
HMDA ANCON Logistics Park opened in Hyderabad
The facility is equipped with efficient fire protection systems and a sewage treatment plant
IndoSpace launches ‘Swachh Sundar Chakan’ initiative
The event was launched in Mahlunge Ingale village
Hiranandani Group promoted GreenBase signs industrial and warehousing deal with Vestas India
Vestas India is setting up an assembly and warehousing facility, which will be spread over 23 acres at the Park
Sical in talks with DP World, others to sell its port assets
The Coffee Day Group company’s iron ore container terminal in Ennore is valued at Rs 800 crore and Sical Logistics is looking to halve its debt with this deal
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