India's logistics cost to come down to 9% in five years: Gadkari
Gadkari says rural and tribal segments of the economy also need focus.
logistics
September 2024
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November 2023
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September 2023
Good roads, alternative fuel to lower India’s logistics cost to 9%: Gadkari
Gadkari said at a FICCI event that good road infra, coupled with alternative fuel, will lower India’s logistics cost to 9%.
Ecom Express to raise ₹2,600 cr via IPO; plans to set up processing centers, cloud infrastructure
The logistics company plans to use ₹387.44 crore for setting up new processing centers with automation and new fulfilment centres.
Union Budget 2024: A catalyst for India's logistics and economic growth
At the heart of this budget is a continued focus on capital expenditure which shall provide a significant boost to our economy through the consequent ripple effect.
Budget 2024: Logistics sector seeks infra, economic corridor, digital fillip
The sector has also called for investment in technology and digitisation for smooth functioning of the sector.
Flipkart-backed logistics unicorn BlackBuck files DRHP for IPO
The IPO of the trucking platform is a mix of fresh equity shares worth ₹550 crore and an OFS of up to 2.16 crore shares.
Delhivery shares tank 12% on Q4 loss, CBO resignation; analysts see up to 32% upside
Post Q4 results, ICICI Securities and Prabhudas Lilladher have given ‘BUY’ calls on Delhivery stock with target prices in the range of ₹530 to ₹600.
Delhivery shares drop 4% amid block deal buzz; Softbank likely seller
Softbank looks to raise around $150 million by selling around 4% stake in Delhivery via block deal route.
The Risk-taker At Allcargo
Shashi Kiran Shetty has strengthened Allcargo’s position among logistics majors by navigating a massive ransomware attack, addressing market dynamics and implementing a transformation plan.
Startup funding in India falls 29% in Q3 2023; least funded quarter in 5 yrs
Despite facing the challenges of a funding winter, India ranks as the "fifth highest funded country" in Q3 2023, says Tracxn’s Geo Quarterly Report
