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Oct 12, 2012
Logistics boost for air cargo
The Government recently took steps to boost air cargo growth in India. The Ministry of Civil Aviation has established the Air Cargo Logistics Promotion Board, which has representation from various industry segments and ministries. Similarly, the recent pilot project for […]
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Oct 12, 2012
E-com logistics startup Chhotu now clocking over 1,000 deliveries a day
When gold rush happened most of the money was made by the diggers and shovel makers and the same could apply to the e-commerce ‘boom’ in India. Even as almost all e-com firms are struggling to make their venture profitable, […]
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Oct 12, 2012
Aus logistics company is bought by Damco
Melbourne-headquartered freight forwarder Pacific Network Global Logistics has been sold to Damco, a logistics-focused subsidiary of Maersk. Terms of the deal have not been disclosed. Pacific has offices in Sydney, Melbourne, Adelaide, Brisbane and Perth, along with offices in Italy, […]
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Oct 04, 2012
FDI in retail likely to spur deal activity in agriculture, logistics
The government’s decision to allow foreign retailers to set up supermarkets in the country is likely to spur private equity (PE) investment in agriculture and warehouses, the backbone of the retail sector. The need for efficiency and quality would drive […]
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Oct 04, 2012
American Govt’s OPIC Commits Funds For Two Indian Funds
Overseas Private Investment Corporation, U.S Government’s development finance institution has committed $135 Mn for investment funds in India. It has agreed to provide $100 Mn for IndoSpace Logistics Park II, second logistics park of the JV – Realterm Everstone and […]
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