The CEO is in India to attend the inaugural Amazon Smbhav summit bringing more than 3,000 small businesses together.
India spends 14% of its GDP on logistics; the country’s government is actively looking to reduce that amount by introducing key reforms in the sector.
The Indian economy is crumbling on the back of an engineered crisis brought on by current government through measures like demonetization, a botched attempt at unifying the country’s tax system, and economic reforms that stifled consumerism.
Allcargo Logistics is in talks to acquire Indian express logistics firm Gati to increase its share of the Indian warehousing market.
Maersk is partnering with Indian digital freight startup BlackBuck to enter the Indian containerized trucking market for export-import logistics.
Good day, Businesses are setting aside huge sums to budget for unplanned supply chain issues, creating what Supply Chain Dive, in a recent article, called a new form of insurance […]
As one of the fastest growing economies in the world, India has its fair share of trouble reducing its overall spend in logistics. Looking at improving infrastructure and creating multimodal hubs can help.
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.
The Indian trucking ecosystem now witnesses frequent strikes, as different economic reforms and the more recent rise in fuel prices are forcing a lot of carriers to accrue losses.
