Digitization of forms and the use of blockchain will cut costs and time from the supply chain. Brian Aoaeh writes about those issues in India.
Allcargo Logistics is in talks to acquire Indian express logistics firm Gati to increase its share of the Indian warehousing market.
Morgan Stanley Real Estate Investing (MSREI), the private real estate investment arm of Morgan Stanley (NYSE: MS), has purchased a majority stake of KSH Infra Pvt. Ltd. for INR (Rupees) 3.5 billion or $49 million.
Indian logistics industry is undergoing a technological evolution, and is looking to improve visibility and traceability into its supply chain, while also working on increasing capacity to handle its volume explosion.
One of the fundamental problems with freight hauling in India is the apparent difficulty in decoding the logistical cacophony that exists across all levels in the industry. Digital freight management tools and marketplaces have sprung up in recent times, but are still in a nascent stage.
The Indian trucking market is not unlike that of the U.S. Technological change is happening, albeit a little slower in India, Numadic is one company that is trying to quicken the speed of change.
