In 2014, the newly elected government pledged to stimulate rapid economic growth and create millions ..read more

The maritime world is abuzz with the recent developments at Vizhinjam port, where some of ..read more

Manohar International Airport (MIA), managed by GMR Goa International Airport Ltd. (GGIAL), a subsidiary of ..read more

As India stands on the threshold of a new fiscal year, the Economic Survey 2023-2024 provides a comprehensive overview of the country’s economic performance, challenges, and prospects. This document, traditionally released a day before the Union Budget, sets the stage for the government’s fiscal policies and strategic initiatives for the upcoming year. The Economic Survey 2023-2024 presents a mixed picture of India’s economic landscape. Despite global uncertainties, supply chain disruptions, and domestic challenges, the Indian economy exhibited resilience. According to the Survey, The real GDP ..read more

E-commerce furniture and home decor sector, Pepperfry, has announced the return of Alok Varman as the Head of Supply Chain. Pepperfry plans to Varman’s further elevate its supply chain processes and enhance customer experiences across its diverse channels with Varman’s reappointment. His extensive understanding of Pepperfry’s operations and his exemplary track record are expected to drive significant growth and operational efficiency for the company. With over 23 years of experience in strategic business management, supply chain management, and customer experience across various sectors, inclu ..read more

Ravindra Kumar Jain, Managing Director of the Dedicated Freight Corridor Corporation of India Ltd. (DFCCIL), has announced that detailed project reports (DPRs) for new freight corridors have been submitted to the Railway Board.  The proposed corridors include: 1. The East Coast Freight Corridor from Kharagpur (West Bengal) to Vijayawada (Andhra Pradesh) 2. The East-West Corridor from Kharagpur to Palghar (Maharashtra) 3. The North-South Freight Corridor from Vijayawada to Itarsi (Madhya Pradesh) Spanning a combined distance of 4,300 kilometers, these projects are expected to cost around R ..read more

The container shipping industry has seen its fair share of high and low tides (figuratively and literally) during the last few years. In this ever-competitive world of global shipping, Mediterranean Shipping Company (MSC) and ZIM Integrated Shipping Services (ZIM Line) have emerged as the fastest-growing mainline operators, as highlighted in Alphaliner’s latest report. Both companies have demonstrated remarkable fleet expansions, solidifying their positions as key players in the maritime industry. MSC, in the pursuit of growth, has expanded its fleet past the 6 million TEU threshold by combini ..read more

Following the Union Budget’s announcement by Finance Minister Nirmala Sitharaman, underscoring the government’s commitment to key national priorities such as employment, skilling, MSMEs, and infrastructure, we present to you a detailed look at how industry leaders are responding to the budget’s implications for various sectors. While not much was spoken directly about the Logistics sector, the overall actions taken across segments are expected to give logistics and supply chain the required fuel for its growth in the remaining term. Continuing its commitment towards infrastructure develop ..read more

In a landmark development, the Jawaharlal Nehru Port Authority (JNPA) received approval from the Union Minister of Ports, Shipping, and Waterways, Sarbananda Sonowal, for the establishment of an Export-Import cum Domestic Agricultural Commodity-based Processing & Storage Facility. This state-of-the-art facility, set to be developed at JNPA, is the first in India. Following the theme laid by the ministry about the ‘port-led development’ and JNPA’s efforts for ‘Port led industrialisation,’ we are developing a Domestic Agricultural Commodity-based Processing & Storage Facility. The prima ..read more

India has secured a notable strategic win by obtaining the operational rights to a terminal at Mongla port – Bangladesh’s largest seaport. This development holds significant implications for regional dynamics and enhances India’s maritime influence, particularly in the Indian Ocean. It also is a part of India’s border strategy to counter China’s growing influence in the region. This move follows India’s previous successful bids to manage overseas ports, including Chabahar in Iran and Sittwe in Myanmar. The specifics of the Mongla port deal remain undisclosed, but according to sources, the term ..read more