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The changing dynamics of material handling market
In spite of robust industry growth, number of modern material handling equipment (MHE) sold in India (especially the modern equipment) are very small compared to developed countries. This presents huge opportunities for MHE makers who can provide cost-effective, high-quality innovative solutions to the end-user industries, says Rakesh Rao. Read more
IOT and technical advancements have influenced MHE patterns
Snowman Logistics are one of the leading integrated temperature-controlled logistics service providers operating on pan-India basis. Their temperature controlled warehouses are set up adjacent to cities with a large potential for sourcing and consumption of temperature sensitive products. In the interview with Trishna Mirajkar below, Sakthivarman R, VP-Operations, Snowman Logistics Limited, discussed current trends and upcoming changes in the MHE industry.Read more
Snowman Logistics opens temperature-controlled warehouse in Coimbatore
Snowman Logistics Limited, India’s leading cold chain & integrated temperature-controlled logistics service provider, has completed the construction of a temperature-controlled warehouse at Coimbatore and the facility has become operational during February 2022. Read more
Adani Logistics acquires Snowman Logistics for Rs 296 crore to foray into cold chain logistics
The purchase price of Rs 44 per share represents an eight per cent premium to the market price of December 27, 2019 and a 12 per cent premium to 60 day VWAP.Read more
