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Next IPEF’s Supply Chain Council Meeting to be Held in December

NewsOctober 9, 2024107Views 0Likes 0Comments

Next IPEF’s Supply Chain Council Meeting to be Held in December News: NEW DELHI: On Monday, the Commerce Ministry announced that the next IPEF’s supply chain council meeting, established under the agreement of the 14-member IPEF, is scheduled for December. The Indo-Pacific Economic Framework for Prosperity (IPEF) bloc was initially launched by the US and…

Container Handling Capacity In India Is Set To Double In The Next Five Years, Potentially Creating 2 Million Jobs

NewsOctober 9, 2024131Views 0Likes 0Comments

Container Handling Capacity In India Is Set To Double In The Next Five Years: Sonowal News: Container handling capacity in India is set to double over the next five years, reaching 40 million TEUs (twenty-foot equivalent units), according to Sarbananda Sonowal, Minister of Ports, Shipping, and Waterways. This expansion is projected to create two million…

Thousands of Trucks Are Stranded Across Due to FASTag Issues in India

NewsOctober 9, 2024125Views 0Likes 2Comments

Thousands of Trucks Are Stranded Across Due to FASTag Issues in India News: Widespread technical problems with the FASTag toll collection system are severely disrupting India's road freight industry, which is the foundation of the country's economy. The transportation of necessities is reportedly being severely hampered by the thousands of trucks that are apparently stuck…

Creating a Passion for Supply Chain : Hima Parvataneni, CEO Navata SCS

Blogs, Resource HubSeptember 26, 2024518Views 1Like 0Comments

India has been one of the fastest-growing economies in recent times. However, our supply chain industry—the backbone of any economy—still lags behind. Currently, our supply chain costs range between 14-16%, while global averages stand at 7-9%. The fragmented structure of India’s supply chain industry often leads it to be viewed as a burden…

Indian Warehousing Market Report

Industry Case Study, Resource HubSeptember 20, 2024214Views 0Likes 2Comments

Proper warehousing in India can efficiently manage its growing consumption market and support its position as a global manufacturing hub. The “Indian Warehousing Market Report 2023” provides an in-depth analysis of the warehousing

Interview: Uday Kumar, an ace Supply Chain Manager on Staying ahead in the industry

Professional Interviews, Resource HubSeptember 20, 2024239Views 0Likes 0Comments

Logistics is a fast-moving, ever-changing field where no two days are the same. From unexpected delays to complex client demands, professionals in logistics must be ready to tackle any problem that comes their way. But what does it take to succeed in such a challenging environment? Uday Kumar, an experienced supply chain manager from Navata…

Growth of The Warehousing Industry In India

Blogs, Resource Hub, UncategorizedSeptember 19, 2024255Views 0Likes 1Comment

The Indian warehousing industry has seen remarkable growth since 2020, reaching a market value of INR 676 billion and is expected to grow at a CAGR of 9.1% between 2021 and 2026. Warehousing plays a crucial role in the logistics value chain, ensuring proper storage, sorting, and dissemination of goods.

How Electric Trucks Are Going To Impact Transportation Cost?

Blogs, Resource Hub, UncategorizedSeptember 19, 2024143Views 0Likes 1Comment

Electric trucks are transforming urban logistics by offering a sustainable, cost-effective alternative to diesel-powered trucks. Powered by rechargeable batteries, they produce zero emissions, have fewer mechanical components, and lower maintenance costs. While the initial cost is higher due to batteries, electric trucks offer long-term savings through reduced fuel and maintenance expenses. Governments also provide incentives…

Two Years On: How India’s National Logistics Policy is Revolutionizing the Sector and Driving Economic Growth

NewsSeptember 19, 2024187Views 0Likes 5Comments

Two Years On: How India's National Logistics Policy is Revolutionizing the Sector and Driving Economic Growth News: Two years after the introduction of India's National Logistics Policy (NLP), its significant impact on the country's logistics sector is evident. Launched on September 17, 2022, the policy aimed to tackle inefficiencies, enhance productivity, and reduce the…

India’s Container Prices Soar 27% Amid Global Tensions

NewsSeptember 19, 2024140Views 0Likes 3Comments

India's Container Prices Soar 27% Amid Global Tensions News: Geopolitical challenges led to a 27% increase in container logistics costs in India’s shipping market in July. Despite this volatility affecting Asian markets, India has shown resilience, according to a report released on Thursday. Most supply chain experts expect container prices to rise further in August,…

JLL Highlights Strong Growth Trends in Logistics and Industrial Sectors for 2024

NewsSeptember 19, 2024187Views 0Likes 2Comments

JLL Highlights Strong Growth Trends in Logistics and Industrial Sectors for 2024 News: India's logistics and industrial sector has seen impressive growth in the first half of 2024, highlighting its strength in today's market, according to a report by real estate firm JLL. In major cities like Mumbai, Delhi NCR, Bengaluru, Kolkata, Chennai, Hyderabad, Ahmedabad,…

Navigating the Monsoons, Essential Strategies and Best Practices for Safe Deliveries.

Blogs, Resource Hub, TransportSeptember 16, 2024140Views 0Likes 1Comment

Monsoons can be particularly challenging, especially for transport companies that play a vital role in keeping the nation running by ensuring the safe and timely delivery of required goods. There are essential precautions that should be followed by every company to keep goods secure during the monsoon: 1. Thorough Vehicle Inspections Before any journey,…