For those operating at the heart of supply chains, the renewed commitment to infrastructure-led growth stands out as one of the most significant aspects of the Budget
Velocity has announced a ₹100 crore investment to scale Velocity Shipping, its AI-led logistics platform, with plans to double its team and raise volumes five-fold by CY26
E-commerce enablement platform Velocity on Monday said it has earmarked Rs 100 crore to scale its logistics business, Velocity Shipping, over the next two years. The investment will be funded entirely through internal cash reserves and revenues from the company's core businesses. Since its launch in 2025, Velocity Shipping (formerly Shipfast) has onboarded over 900 brands. The platform is currently witnessing 70 per cent month-on-month growth in order volumes, according to a company statement, and now contributes nearly 40 per cent of Velocity's overall revenues. The Rs 100 crore investment will be directed toward strategic hiring, product development, and AI-led innovation across the logistics value chain. The company plans to double its shipping team and has already made senior hires to strengthen its last-mile capabilities. Velocity Shipping works with multiple third-party logistics (3PL) partners, including Delhivery, Ekart, Amazon, Blue Dart, Blitz, Pikndel and XpressBees, an
The survey proposes policy designs relying on trust-based models, such as a "trusted dealer" framework, where taxpayers with strong compliance records face minimal physical checks
Indian land-use regulations classify dark stores as warehouses and apply highway-side warehouse rules to local, small-scale urban infrastructure
Platforms like LogiMAT India 2026 can catalyse over 15 per cent or USD 7.5 billion of bilateral logistics and investment growth between India and Germany over the next three years, said German Engineering Federation (VDMA) India Chief. Bilateral trade between India and Germany has crossed the USD 50 billion milestone in 2024-25, underscoring the countries' deepening partnership in logistics, technology, and investment, a statement said. According to the statement, as India and Germany recalibrate their economic and trade engagement, the world's biggest logistics show in India, LogiMAT India 2026, will bring together 43 German companies and leading innovators from across the logistics and supply chain spectrum. "Germany is India's largest trading partner in the European Union, and our logistics and technology partnership is entering a new era. Platforms like LogiMAT India can catalyse over 15 per cent (USD 7.5 billion) of bilateral logistics and investment growth in the next three ..
DP World will set up a rail-linked inland logistics hub in Madhya Pradesh to connect central India with JNPA, cutting transit time and boosting exports
DP World plans deeper integration of its India business through multimodal logistics and higher-value supply chain solutions, betting on India's rising role in global trade
Demand for industrial and logistics spaces hit an all-time high this year, with leasing volumes rising nearly 19 per cent to 76.5 million square feet across 24 major cities in India, according to Savills. Real estate consultant Savills India data showed that the manufacturing sector took on lease 29 per cent of spaces, followed by third-party logistics firms (28 per cent) and e-commerce players (12 per cent). "India's Industrial and Logistics sector continued its strong post-pandemic growth trajectory in 2025, recording its highest-ever annual absorption of 76.5 million sq ft," Savills India said. In the 2024 calendar year, leasing of industrial and logistics spaces stood at 64.5 million square feet. Out of the total leasing this year, the consultant said that eight tier-I cities -- Ahmedabad, Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai, Delhi-NCR, and Pune -- saw 20 per cent growth in leasing to 59.5 million square feet this year from 49.7 million square feet in 2024. Delhi-N
ElasticRun has narrowed its FY25 loss to Rs 145 crore as revenue increased 9 per cent, backed by stronger private-label traction, regional brands, and a deeper logistics push
As online orders and returns surge during the festive season, logistics firms like Shiprocket, Prozo, and Zippie are turning to smarter routing, automation, and network optimisation
The new authority will shift India's transport strategy from individual project planning to long-term integrated corridor development aligned with economic goals
Horizon Industrial Parks has appointed Urvish Rambhia as CEO to lead its next growth phase with Blackstone, as India's logistics and warehousing sector continues its strong upcycle
NCLT Mumbai approves Reliance Retail's resolution plan for Future Supply Chain, ensuring creditors' recovery and revival of the logistics firm on a going-concern basis
Abhishek Chakraborty, CEO of DTDC Express Limited, shares his journey of modernising a legacy logistics business, empowering women teams, and redefining customer experience in India’s e-commerce era.
Shriram Mobility Bulletin says truck rentals rose nearly 2% across major routes in September as pre-festive trade, GST cuts, and strong demand lifted logistics activity
IKEA said acquiring Locus would simplify its logistics and reduce its delivery expenses by an estimated 100 million euros ($117.41 million) a year globally
IndoSpace will invest $57 million in a new 66-acre logistics park in Bhiwandi with 1.7 msf potential, expanding warehousing capacity in Maharashtra's logistics hub
Logistics would emerge as the highest revenue-generating business for diversified PSU Balmer Lawrie & Company, a top official said on Thursday. Speaking at a virtual press conference, chairman and managing director of Balmer Lawrie Adhip Nath Palchaudhuri said that by 2030, the logistics vertical would contribute 45 per cent to 50 per cent of the total revenue of the PSU, which is projected to be Rs 6,000 crore. This financial year, the PSU expects to touch a revenue of Rs 3,000 crore, the CMD said. He said the first quarter of the current financial year has been very strong. The ongoing second quarter has been doing well. In the logistics vertical, the company has entered railway logistics with three rakes fully deployed, and Balmer Lawrie has entered into an agreement with SAIL in this regard. Balmer Lawrie has also started a third-party logistics business for which a warehousing facility has been commissioned at Dankuni near the metropolis, which will serve as a hub for the ...
Logistics and courier services operator DTDC Express is expecting its e-commerce segment to account for around 50 per cent of its overall business as the company bets big on the rapid commerce amid customers looking for quicker deliveries of their orders. The company which officially launched its rapid commerce vertical Raftaar earlier this month to offer deliveries as fast as 4-6 hours time, also plans to set up 125 dark stores in the next three quarters to cater to the customers' expectations, DTDC Express CEO Abhishek Chakraborty told PTI. "Rapid commerce, as we were describing today, is a sweet spot. We know quick commerce is all about minute deliveries, which is very perfect for impulse buys, urgent things, and groceries. "But, I think overall, there is a whole category of products for which both the brands want a faster, but definitely sustainable, cost-effective solution. And that is what DTDC wants to bring to the table, where brands can access the service without having to