NATIONAL
Railway Track Almost Ready, Work On Logistics Hub May Start This Year
By the end of 2023, construction on the flagship Delhi-Mumbai Industrial Corridor-Integrated Industrial Township in Greater Noida's MMLH (Multi-Modal Logistics Hub) near Dadri and an MMTH (Multi-Modal Transport Hub) at Boraki will likely start. With the goal of...
Rapid Rail Transport From Delhi To Meerut Is All Set to Begin In June 2023
Agencies have accelerated efforts to fulfill the deadline one day after Chief Minister Yogi Adityanath stated that a segment of India’s first rapid rail transportation system will be unveiled in the first week of June. The organizations concerned are committed to...
MoRTH Enable E-Bank Guarantee, Insurance Safety Bonds As Bid
On Wednesday, the MoRTH (Ministry of Road Transport and Highways) declared that it had made it possible for e-bank guarantees and insurance surety bonds to be accepted as "bid security" and "performance security" in the documents describing the security standards for...
Nitin Gadkari Presided Over A Meeting With NHAI Officials To Improve National Highway Development
On Tuesday, Nitin Gadkari, the Union Minister of Road Transport & Highways, presided over a meeting with representatives of the National Highways Authority of India (NHAI), with the goal of fostering work efficiency and embracing cutting-edge technology to hasten...
India’s Space Policy Offers Startups And The Private Sector A Flight Path
India has come a long way since the 19 April 1975 launch of its first satellite, Aryabhata, with assistance from the former Union of Soviet Socialist Republics. But it has only been in recent years that the government and the ISRO (Indian Space Research Organisation)...
Shyama Prasad Mookerjee Port Likely To Adopt Landlord Model For Cargo Ops In PPP Mode
Shyama Prasad Mookerjee Port (SMP, also known as Kolkata Port), is going to select the "landlord model," in which case its entire cargo operation will be managed in a Public-private partnership (PPP) manner. 15% of the cargo business has already been transferred by...
Govt Intends To Reallocate Indian Airlines’ Unused Overseas Flying Rights
The government has informed Indian carriers that it will allocate foreign flying rights to this year's winter schedule, beginning at the end of October, based on how much of their available capacity was utilised during the just-completed winter season. As the...
Greenikk Start-up Develops Waste-To-Value System In Kerala
Agri-tech startup Greenikk, based in Thiruvananthapuram, claims to be India's first full-stack banana supply chain and has established a waste-to-value system to improve the nation's banana fibre-based sector by supplying entrepreneurs and craftspeople with constant...
INTERNATIONAL
14 IPEF Nations Join Hand To Strengthen Supply Chain, Reduce Dependency on China
The 14 countries in the US-led Indo-Pacific Economic Frameworks (IPEF) agreed on supply chain coordination, the most significant development in President Joe Biden's new plan for the region thus far, in an apparent effort to reduce their dependency on China and...
Chile’s Lithium (Li) Move A Further Push For Automakers To Expand Supply Chain
For international automakers dealing with a lack of EV (electric vehicle) battery materials, Chile's decision to nationalize its Li (lithium) industry has added new supply chain instability. Finding new sources of the metal might become more important as a result. The...
Boeing And Telcos Competing Over 5G Services Near Airports
Boeing, a US-based producer of aeroplanes, and India's telcos are at odds over the deployment of 5G near airports. Boeing has informed the Centre that the existing mitigation measures being implemented in India are insufficient and has urged that there be no 5G...
GATX And Nevomo Will Work Together To Create New MagRail For Rail Freight Capabilities
In order to improve railways employing the most cutting-edge technologies for rail freight, GATX Rail Europe, a full-service railcar lessor, and Nevomo, a European deep-tech firm and the creator of a revolutionary, hyperloop-inspired MagRail technology, have...
AG&P’s Terminal Obtained The First LNG Cargo In the Philippines
Leading LNG (Liquified Natural Gas) terminals and downstream infrastructure provider AG&P International Pte. Ltd. announced the arrival and successful berthing of its long-term contracted 137,500 cbm ISH FSU (Floating Storage Unit) at AG&P's Philippines LNG...
Engineering Goods Exports To The United States Up 6.8%
The United States is still the leading destination for India’s Engineering goods exports in the fiscal year 2022-23 with the value of a total shipment recording 6.8% year-on-year growth to 18.67 billion dollars. The United Kingdom, Singapore, Germany, Mexico, Saudi...
DP World Looks To Construct Warehousing At UK’s Southampton Port
Dubai-based DP World Limited is aiming to expand operations at the United Kingdom’s port of Southampton by developing a warehouse to meet the increased demand from companies in Britain that want to fortify supply chains from disruptions to global trade. The strategy...
SA Launches New Airline To Compete With Gulf Rivals
Saudi Arabia announced the launch of a new national airline on Sunday, as part of a strategy to transform Riyadh into a major international aviation hub competing with regional leaders like Doha and Dubai. According to officials, Riyadh Air "plans to start service to...
Expanding sea-air markets may help Africa’s connectivity
The news that DP World and the government of Somaliland established the Berbera Economic Zone (BEZ) has drawn attention from around the world. Kuehne and Nagel are also strengthening its West Africa cluster, and in the air freight sector, Chapman Freeborn announced...
Longest Metro Circle Line, The Big Circle Line 11 launched by Moscow Metro
Vladimir Putin, the Russian Federation President has launched the Big Circle Line (Line 11) along with Moscow Mayor Sergey Sobyanin. A part of the Moscow Metro, the Big Circle Line is one of the foremost modern metro construction projects around the world on March 1,...
INTERVIEW
The Goal Of The Digital Supply Chain Is Ambitious
In this interview, Sunil Talvadkar, Managing Director, Logistics Solutions Group (LSG), discusses the company’s growth plans, emerging trends in the logistics and supply chain industry and impact of GST. Q- What are your views on the current scenario of the Indian...
Woman Of Logistic Substance
From heading the marketing team at Continental AG to playing a doting mother to her son, Mallika Rawal dons several roles throughout the day and essays all of them to perfection. She has carved a niche for herself in a field where most people find it hard to strive....
Initiatives Like Sagar Mala Project, Corporatization Of Ports Will Give India A Positive Boost
Ravindra Gandhi, Regional Director, Peel Ports Group & Director, Hans Maritime Services Pvt, Ltd. Q- What are your views on the current scenario of ports in India? A- Indian ports are a gateway to the country’s international trade by sea,handling a significant...
INFORMATION TECHNOLOGY (IT)
Complex End To End Supply Chain Will Be Solve By Comprehensive Technology In The Near Future
Businesses must manage their supply chains effectively if they want to survive in the cutthroat marketplace of today. It entails controlling how products and services move from their point of origin to their destination for consumption. Downstream fulfilment is a...
$ 100 Million Will Be Raised Via Warehouse InvIT By TVS ILPT
Industrial Warehouse facilities and logistics infrastructure parks are the focus of TVS ILP’s development and leasing activities. Its present clientele includes those in the automotive, FMCG, e-commerce, and agricultural industries, and it is spread through out the...
GST Envasion: Data Analytics Will Be Used To Find “Missing Link” in Supply Chain
The method adopted by the fraudsters included undervaluing taxable goods and services in order to underpay tax, incorrectly claiming input tax credits, failing to pay tax on the supply of taxable goods and services (clandestine removal), and fraudulently claiming...
India-US Chip Partnership Could Robust Global Chip Supply Chain
India is attempting to establish itself as a competitive alternative to China in the semiconductor industry as the chip war between the US and China heats up. The previous week, an agreement between India and the United States was signed on establishing a...
The Future Of E-Commerce Tech and SaaS Logistics In Third Party Logistics Companies
In recent years, the e-commerce industry has experienced remarkable growth, and experts predict that this trend will continue. This has increased demand for third-party logistics companies that manage e-commerce logistics. To compete in the market, these companies...
Government likely to introduce UPI-like platforms for education, agriculture, logistics, says Ashwini Vaishnav
After the notable success of the Unified Payments Interface (UPI) platform, the Indian government has decided to take a step forward in this plan and come up with similar model plans that will help to widen the scope of good governance that will be driven by tech....
Mintoak raises $20 million in funding round led by PayPal Ventures
Using internal grading systems and tools including improved visibility, Circle Logistics (Circle), a top asset-based full-service logistics provider, today revealed it is assisting its team in matching freight with the most suitable carriers to reduce claims. The...
Microsoft continues to beat Amazon in cloud infrastructure market, despite growth slowdown
As businesses sought to reduce spending in an unsteady economy, it was a challenging quarter for the cloud infrastructure sector. The growth of the market slowed to 21%, a sharp decline from the 36% increase which was experienced the previous year when taking into...
Airtel Vice Chairman Meet UP CM To Discuss The Company’s Investment Plan, Digital India Mission
Bharti Enterprises (Airtel) vice-chairman Rakesh Bharti Mittal recently met UP (Uttar Pradesh) CM Yogi Adityanath at the Chief Minister’s residence, Lucknow, and discussed the implementation of the Digital India Mission, ways to improve the communication facilities...
Government likely to introduce UPI-like platforms for education, agriculture, logistics, says Ashwini Vaishnav
After the notable success of the Unified Payments Interface (UPI) platform, the Indian government has decided to take a step forward in this plan and come up with similar model plans that will help to widen the scope of good governance that will be driven by tech....