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Fast-tracking Tech Adaptation In Auto Logistics
While the technology integration in automobile supply chain can bring in a higher level of efficiency, the cost of automation viz a viz cost of labour in India make them be on a slow path. However, in the post GST scenario, the next two to three years will be a gamechanging period for the auto logistics segment in India.
Gearing Up For A High-Tech Future
In the last two decades, India’s economic landscape witnessed vast changes as the country emerged not only as a low-cost production hub, but also excelled into engineering and building value-added products.
Agile Supply Chain For Auto Industry In The Digital Age
India’s macro-economic environment is expected to benefit from the growth of the middle classes, with GDP development expected to increase steadily going forward.
50 Years Of Successfully 'Spear' Heading Logistics - FM Logistic
Who knew that the marriage between two persons (Claude Faure & Mireille Machet) will not only change their destinies but will lead to the creation of a French transport company 'Faure & Machet', now known as FM Logistic. After five decades, the family-owned business of FM Logistic has operations across three continents and 13 countries. With the acquisition of majority stakes in India-based Spear Logistics in March last year, FM Logistic boasts of 35 million square feet of warehousing space globally. The company has an ambitious growth strategy and aims to be one of the top three logistics players in India.
India To Shine Among Emerging Markets
Supply chain executives, who surveyed for the 2017 Agility Emerging Markets Logistics Index picked India as the emerging market with the most logistics potential and the country where their companies were most likely to invest. The survey of more than 800 logistics executives offers an annual snapshot of industry sentiment to go with the Index rankings of the world’s 50 leading emerging markets by size, business conditions, infrastructure and transport connections. India climbed to No. 2 in the 2017 Index, switching spots with United Arab Emirates. China, the world’s second-largest economy, again topped the rankings. “It’s remarkable to see a country this size growing at better than 7 percent a year. Goods & Services Tax (GST) reform has the potential to be a game-changer,” said Detlev Janik, South Asia CEO of Agility Global Integrated Logistics. Reji John speaks with Janik to understand key highlights of the survey. Edited excerpts.
Indian Maritime Sector Poised To Grow
The Indian maritime sector is poised to make great progress in the coming years. Despite the fact, the Indian maritime sector faces a number of challenges viz. lack of coordination in port traffic management, non-uniform tariff structure, high turnaround time, low draft & siltation, poor connectivity to hinterland, delay in getting environment clearances.
spreading its wings
over the years, cathay pacific airways has been making the right investments which has helped it to develop hong kong as one of the world's leading global transportation hubs.
swift way to trade
as part of ‘ease of doing business’ initiative, central board of excise & customs (cbec) took up implementation of single window project early last year. the project aims to facilitate exim trade and enable hassle-free and smooth operations of international trade transactions across borders. the project would allow importers and exporters the facility to lodge their clearance documents online at a single point only. the single window interface for facilitating trade (swift), would reduce interface with governmental agencies, dwell time and the cost of doing business. swift is a natural step for helping achieve the objectives of digital india initiative.
The Tech Tracker
Recognised as one of the youngest and fastest growing startup CEOs in India, Dhruvil Sanghvi has played a pivotal role in revolutionising logistics and field service management in Asia and the US. After graduating from Carnegie Mellon University in Pittsburgh, USA and having had the experience of advising some of the Fortune 500 companies on technology and data analytics, Sanghvi started LogiNext in early 2014. In this interview to Maunesh Dhuri, Dhruvil Sanghvi, Co-founder & CEO, LogiNext Solutions, articulates the importance of tech-based solutions that are robust, cost-effective and add to the operational efficiency of the logistics sector.
Indian Air Cargo Awaits A Paradigm Shift
Indian government’s decision to disinvest Air India will hopefully bring the debt-ridden airline on track. Air India has the capacity advantage over a network combined with 58 domestic and 29 international stations. Abhay Pathak, Executive Director (Commercial), Cargo Division, Air India, believes that Air India cargo will grow only if there is a freighter operation. In an exclusive interview with Indian Transport & Logistics News, Pathak speaks to Rashmi Pradhan on cargo trends in India, vision for Air India cargo and much more…
Focus Is On Customer Demands
Holding a market share close to 20 percent, Maersk Line is one of the leading players in the Indian shipping industry. With 25 offices and presence across 16 ports in the country, Maersk Line offers a one-stop solution closer to the place of origin of cargo, thereby reducing the transportation time between the point of origin and the port. Steve M Felder has taken over as Managing Director of Maersk Line (India, Sri Lanka, Bangladesh, Nepal, Bhutan, Maldives) recently. Having associated with the Maersk Group for over a decade, in his new role, Felder will add further momentum to Maersk Line’s Asia growth trajectory. Felder believes that digitalisation is the way forward and Digital India is a much-needed initiative. In conversation with Rashmi Pradhan, Felder talks about the strategy for India, emerging trends in shipping and EXIM from India.
Digital Trendsetter In Logistics
Bernhard Simon, the CEO and the chairman of the Executive Board at Dachser, in an exclusive interview speaks about how the 87-year-old and fully familyowned logistics company is making every effort showcase itself as a technological trendsetter in the logistics industry; but never without being humane.
Logistics Beyond Tomorrow
There has been a paradigm shift in the way logistics is perceived. the future calls for gravity defying logistics. Logistics was considered as a mundane activity but it will be an amalgamation of frontier technologies like robotics, aerospace technology and artificial intelligence.
E-commerce Shines Logistics With Push
As india speedily takes the shape of a massive e-commerce marketplace, the numerous possibilities are bound to leave customers spoiled for choices. in such scenario, logistics will be widely regarded as a crucial piece of a successful retailer’s business plan.
Hyperlocal Is The Way To Go For Logistics
Hyperlocal logistics is about getting a product in 24 hours, 4 hours or 45 minutes, to smaller towns where the majority business of e-commerce is generated. While many hyperlocal logistics firms failed since 2014, there are many innovative ones that are redefining how business is done in the segment with the back-up of technologies driven by machine learning, predictive analytics and artificial intelligence.
AISATS Eyes To Increase Footprint To Other Indian Airports
AISATS is a 50:50 ground handling joint venture between air india and singapore airport terminal services. Mike Chew, Ceo, AISAT, talks about the dynamic growth of AISAT, the technological innovations, domestic and international growth, its proficient infrastructure to handle cargo, and other recent initiatives.
The Logic Of Incoterms
Incoterms are a set of rules which define the responsibilities of sellers and buyers for the delivery of goods under sales contracts. first published by the ICC in 1936, the Incoterms rules are revised from time to time. the latest revision came into force in January 2011, replacing the version published in 2000. Sabyasachi Mukherjee explains the terms and put them in the context of current global trade and commerce.
CSIA Mumbai Receives Three-Year Renewal Of ACI's Level 3+ Neutrality
GVK Mumbai International Airport Limited (MIAL), the company that administers the Chhatrapati Shivaji International Airport (CSIA) has become the only airport in the country and second globally, to achieve a three-year extension of ACI’s Airport Carbon Accreditation (ACA) ‘Level 3+ Neutrality’ certification.
Sewing Services To The Needs Of Fast Fashion
Whether it is getting the latest top secret collections delivered safely and securely to the ramp or responding to the ‘need it now’ approach of e-commerce customers or exporting high end fashion apparels out of the country, logistics players are well aware of the demands and are tailoring their services as per client's expectations.
Automotive Logistics At The Cusp Of Transformation
The Indian automotive supply chain is about to enter a dramatic phase with the regulatory demand of Bsvi engines by 2020 and mission electric by 2030. the industry is facing new logistics trends, automation and on-time delivery demand amidst lower inventory models, while infrastructure support is undergoing a sea change.
Exploring Full Potential Of Coastal And Inland Shipping
With India's road and rail infrastructure in most high-traffic areas running at full capacity, transportation through coastal and inland waterways could be a viable solution to ease the load. the challenging part is to persuade the industry to accept the massive modal shift.
Multimodal Logistics Ready To Roll
The economic growth in India has increased the demand for practically all transport services and further underlines the importance of efficient multimodal logistics infrastructure. the government has embarked on an ambitious plan to build its multimodal logistics infrastructure which is set to transform the country’s logistics landscape.
The Huge Untapped Potential In Coastal Shipping
Placing his bet on the coastal shipping for being the most economical and clean mode of transportation, avi Dutt highlights the untapped opportunities and the current challenges in india’s maritime ecosystem.
Innovation & Digitisation Vital For Supply Chain
Industry leaders shared best practices for an agile supply chain and related trends
Maersk Line Starts Service From Ennore
Aiming to improve its service offering and optimise its Indian Network, Maersk recently started its services from Kamarajar/Ennore port, located fifteen miles north of Chennai, India.
GST India's New “Tryst With Destiny”
India woke up to a well publicised roll out of Goods and Services Tax (GST) on July 1. GST proposes to make ‘one India and one tax’. We look at India’s transport and logistics sector’s tryst with this ‘good and simple tax’.
Cochin Port Emerging As Major Transshipment Hub
The maritime gateway to peninsular India, Cochin Port is one of the major ports in the south coast of India. Cochin ports in the south coast of India.
Review: SmartCards Expo
SmartCards Expo showcases the world of smart technologies for identification, security and digital payments.
Delivered Trends Tenacity Takeovers
India’s Logistics sector braces for its next big chapter, with the help of government reforms and integration of technology this highly fragmented sector looks beyond its traditional distribution-oriented approach allowing it to be a truly holistic entity.
Cargo Getting A Top Priority At IndiGo
IndiGo is India’s largest passenger airline with a market share of 43.4 percent as of February, 2019. Since its inception in August 2006, it has grown from a carrier with one plane to a fleet of 216 aircraft today. It currently operates flights to 68 destinations – 52 domestic and 16 international. The carrier has been making significant turnaround in performance in the recent past on account of it benefitting hugely from the domestic market ant its international operations are getting favourable tailwinds. The cargo side of IndiGo has also been growing at a steady pace, though not as good as the passenger side, the carrier is focusing on optimising its substantial belly capacity to increase revenue from cargo. William Boulter, chief commercial officer, IndiGo, spoke to Reji John on the sidelines of IATA World Cargo Symposium in Singapore, recently about how IndiGo is building its cargo strategies and how important is cargo to the overall business of IndiGo. Edited excerpts from the interview.