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KKR Acquires majority stake in pallet pooling platform LEAP India
The investment builds on strong macroeconomic tailwinds in India that include a focus on modernising, automating, and optimising efficiencies in supply chains and logistics services.Read more
Warehousing boom lifts demand for material handling equipment
Rise in Grade A warehousing demand is leading to growth in material handling equipment (MHE) industry. For smooth and efficient movement of materials, companies are opting automated MHE to remain competitive and reduce the expenses as warehouses grow vertically, says Rakesh Rao. Read more
“As pace of automation improves, demand for MHEs will growâ€Â
Goods & Services Tax (GST) has helped companies to streamline their distribution by consolidating their warehouses. Role of warehouses is primarily to handle goods and most businesses use equipment such as pallets to manage their storage and movement.Read more
Demand for pallets on lease to go up to 4 million: LEAP India
LEAP India, which has deployed Rs 400 crore of equity and debt so far in to pallets and foldable large containers (FLCs), expects current pallets deployed to grow to 4 million in the near future.Read more