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Indian warehousing demand set to reach 1.2 billion sq ft by 2027
India’s logistics sector is undergoing a major transformation, with evolving supply chains projected to generate demand for 1.2 billion sq ft of warehousing space by 2027, according to a joint study by JLL India and Miebach Consulting.
India’s Logistics Sector Grows 5% in H1 2024
India’s logistics and industrial sector saw strong growth in H1 2024, with significant rent increases in major cities due to high demand for warehousing and light manufacturing.
Mahindra Logistics appoints Dr Anish Shah as Chairman
He is the Deputy Managing Director and Group CFO of Mahindra & Mahindra (M&M) Limited. He is designated to take over as the Managing Director and CEO of M&M from April 2, 2021.
Gati appoints Shashi Kiran Shetty as Chairman
Express logistics company Gati has appointed Allcargo CMD Shashi Kiran Shetty its Chairman in a move that will expedite its turnaround in a big way
Setting New Benchmark
Growth in warehousing and logistics sector is picking up with the introduction of GST and infrastructure status to logistics. In this scenario, the warehousing and material handling equipment players are gearing up to meet the emerging demand for advanced equipment.
New Growth Avenues
Warehousing segment in India is evolving fast and is moving towards palletised loads which can be stored at heights.
Mahindra Logistics opens its largest multi-user facility near Pune
Embassy Industrial Parks, a joint venture between Embassy Group, India?s leading property developer and Warburg Pincus, a leading global private equity player, has signed Mahindra Logistics, one of the leading 3PL logistics firms in the country, as its client in their project based in Chakan, Pune.
APM Terminals wins 3PL contract from Mahindra
APM Terminals Inland Services, South Asia has signed a contract with Mahindra Susten to provide exclusive Third-Party Logistics (3PL) services in India for an upcoming 260 mw solar power project in Andhra Pradesh.
An upward trend
Over the years, the manufacturing sectors have made remarkable progress in integrating the latest and most advanced systems of material handling into the manufacturing process. There is a perceptible shift towards third-party logistics providers, increased focus on integrated supply chain