Indian Transport & Logistics News - September - October 2024

In this issue

The ITLN Sept Oct 2024 puts focus on the Indian shipping industry and the makeover to bolster its positioning in the global supply chain arena.

We have a feature on National Logistics Policy which completed two years and how logistics costs are declining, thanks to multiple initiatives by the governments and the corporate sector.

While, spotlight points out the potential of data driven decision making to transform the Indian logistics industry, the special report explores the possibilities of drones changing healthcare logistics.

We also have the Event Report of the recently concluded seventh edition of Global Pharma Logistics Summit.

Maritime makeover - India's bold moves in global supply chain arena

As India is poised for transformation with major infrastructure projects and strategic agreements, the shipping industry faces a crossroads between ambitious growth and daunting challenges. Recent developments promise to reshape its role on the global stage, yet hidden obstacles could impact this transformation. What does the future hold for India's maritime ambitions?

7 mins

NLP drives India's efforts to improve logistics efficiency

Logistics costs are declining in India, thanks to multiple initiatives by the governments and the corporate sector.

6 mins

From bytes to billions - Data-driven logistics reshaping India's economy

India's logistics market, projected to reach $557.4 billion by 2032, is poised for transformation through data-driven decision-making. With current logistics costs at 16 per cent of GDP compared to 8-10 per cent in developed economies, the sector faces challenges but holds significant potential for improvement.

6 mins

How Drones in India are Revolutionising Healthcare Logistics

As the technology continues to evolve and regulatory frameworks adapt, the future of drone-powered healthcare logistics in India looks increasingly bright.

6 mins

How much ownership do you take in your pharma supply chain?

The best way to mitigate challenges in the pharma supply chain is by infusing a sense of responsibility and ownership in the workforce. GPLS 2024 delved deep into this subject and encouraged the audience to be more proactive and collaborative.

7 mins

JNPA handles all-time high monthly container traffic in August 2024

Jawaharlal Nehru Port Authority (JNPA) handled 639,336 TEUs in August 2024 which is an all-time high monthly container traffic at the port, surpassing the previous highest of 603,217 TEUs handled in July 2024, driven by export growth of 19 percent in comparison with Aug 2023.

1 min

PM lays foundation stone of ₹76,000cr Vadhvan Port in Palghar

Prime Minister Narendra Modi laid the foundation stone of ₹76,000 crore Vadhvan Port in Palghar, Maharashtra on August 30, 2024.

1 min

JSW to invest ₹2,359 crore for Jaigarh, Dharamtar Ports expansion

JSW Infrastructure, a subsidiary of the JSW Group and India's second-largest private commercial port operator, has approved a capital expenditure of ₹2,359 crore to expand capacity at its Jaigarh and Dharamtar ports in Maharashtra.

1 min

Adani Ports buys 80% stake in Astro Offshore for $185mn

Adani Ports and Special Economic Zone (APSEZ) has entered into a definitive agreement to acquire 80 percent stake in Astro in an all-cash deal for $185 million, implying an enterprise value of $235 million.

1 min

DP World Mundra achieves record throughput in July

DP World Mundra handled its highest-ever monthly throughput of 1,29,368 TEUs in July 2024.

1 min

India coal imports up 10%, but growth could slow

India, the world’s second-largest coal importer, saw its electricity generation rise nine percent year-on-year between January and July 2024.

1 min

GMR Airports to buy 10% additional stake in Delhi Airport for $126mn

GMR Airports Infrastructure (GIL) has signed a share purchase agreement with Fraport AG Frankfurt Airport Services Worldwide (Fraport) for buying its current minority 10 percent equity stake in Delhi International Airport (DIAL), a subsidiary of GIL.

1 min

India to export homegrown aircraft, says Civil Aviation Minister

\"We want to manufacture aircraft in India on a large scale, not just to meet domestic demand but to become an exporter of aircraft,\" announced India's Civil Aviation Minister, Kinjarapu Ram Mohan Naidu, at a press meet after his inaugural session at the 10th edition of PHDCCI Aviation & Air Cargo Summit 2024, held in New Delhi on September 4, 2024.

1 min

India's APEDA-certified pomegranates debut in Australia

India reached a new milestone in perishable exports by shipping pomegranates for the first time from the farms of India to the people of Australia.

1 min

Macrotech buys 2 firms to bolster logistics park, warehouse vertical

The real estate firm Macrotech Developers (formerly Lodha Developers) has announced the acquisition of Opexefi Services and One Box Warehouse.

1 min

TVS ILP enters Andhra Pradesh with 3 lakh sqft facility in Vijayawada

TVS Industrial and Logistics Parks (TVS ILP) has expanded to Andhra Pradesh with a warehousing facility spanning 13 acres in Vijayawada.

1 min

CWC selects Horizon as lead partner to develop warehouses

Horizon Industrial Parks, a logistics platform in India owned and managed by Blackstone Real Estate funds, has been chosen as the lead partner by the Central Warehousing Corporation, a public warehouse operator under the Ministry of Consumer Affairs, Food & Public Distribution, to manage a portfolio of 13 last-mile logistics assets.

1 min

Amazon to enable $13 billion in exports from India by 2024-end

Amazon Global Selling, in the last nine years, has empowered over 150,000 Indian exporters to build globally recognised brands across 18+ international Amazon sites.

1 min

Smartr Logistics temporarily pauses lightweight (e-comm, BFSI) service

Smartr Logistics has decided to temporarily pause the lightweight e-commerce and Banking, financial services and insurance (BFSI) services under Aerex category.

1 min

Flipkart expands network, hiring ahead of The Big Billion Days 2024

Ahead of The Big Billion Days (TBBD) 2024, Flipkart has launched 11 new fulfilment centres (FCs) across nine cities, bringing the total number of FCs in India to 83.

1 min

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Indian Transport & Logistics News Magazine Description:

Indian Transport & Logistics News (ITLN) magazine is one of a kind media venture in India to create a high quality communication platform for both users and logistics service providers to interact and also fill the void of an authentic analytical logistics magazine in India.
ITLN is the flagship magazine of The Chartered Institute of Logistics & Transport (CILT) India, with a membership of 35,000 CILT members worldwide. Contents include coverage of air, sea, and road & rail transport in general/bulk cargo.