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Welspun One Logistics Parks develops a build-to-suit facility for Montra Electric in Chennai

Welspun One will construct a cutting-edge build-to-suit (BTS) facility, encompassing Montra Electric's (from TIVOLT) innovative retail experience centre and a dedicated assembly space tailored for four-wheeler small commercial EVs.Read more

Minimal impact of Israel-Gaza conflict on Indian auto industry, says SIAM President

The impact of the Israel-Gaza conflict on the Indian auto industry has been minimal, according to Vinod Aggarwal, President of the Society of Indian Automobile Manufacturers (SIAM).Read more

Wipro Pari acquires majority stake in Italy's Ferretto Automation

This acquisition will help Wipro to expand its offerings beyond the in-factory automation solutions to both industrial, CPG (Consumer Products Group), retail and e-commerce warehousing, storage and automation solutions.Read more

Hindustan Zinc, GreenLine sign landmark agreement to deliver green logistics

Hindustan Zinc is committed to targeting to be Net Zero emissions by 2050, or sooner and this agreement is the latest initiative towards achievement of this nets zero target.Read more

MSME’s vital role under spotlight at inaugural of Shipping & Logistics Conference

Mercy Epao, the Joint Secretary (SME) of MSME emphasised the significance of MSMEs, with over 6.35 crore enterprises in India, primarily constituting micro enterprises, which account for over 95% of the sector.Read more

ABB India secures contact from Netherlands-based logistics company Samskip

ABB to implement an advanced power distribution system for two groundbreaking short-sea container ships.Read more

Rising logistics demand expected to create 10 mn jobs in India by 2027, says TeamLease report

According to one of the leading staffing companies, TeamLease Services, the positive momentum in the logistics sector, which is growing at a 12% CAGR, is expected to add 10 million jobs by 2027.Read more

Rail Resurgence!

India Railways has been undergoing modernisation programme with consistent increase in capital expenditure in recent years. In the Union Budget 2023-24, the railway sector was the biggest beneficiary.Read more

ESR Group invests Rs 360 cr in Cuttack Logistics Park Expansion

This strategic move aims to facilitate the development of a state-of-the-art logistics park known as the ESR Cuttack Logistics Park.Read more

Welspun One invests Rs 600 Cr in Thane Urban Warehousing Facility

This project represents the inaugural deployment of Welspun One Logistics Parks Fund 2, a Category II AIF vehicle. To date, the fund has garnered commitments totalling Rs 1,500 crore, with a targeted raise of Rs 2,000 crore, as stated by the company.Read more

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