Logistics Industry

Vantrock to invest ₹3,000 cr in 4 yrs to build logistics, warehousing parks

Vantrock Real Assets will invest over Rs 3,000 crore over the next four years to develop industrial, logistics and warehousing parks across major cities, amid strong demand from light manufacturing, e-commerce and third-party logistics firms. The Mumbai-based company, in a statement on Tuesday, said it would focus initially on warehousing, industrial and logistics parks. It aims to develop 11.5 million sq ft area over the next four years, representing a gross asset value of Rs 4,200 crore on completion. The initial projects, covering 3 million sq ft, will be located in Delhi-NCR, Bengaluru and Pune. Later, the company will enter Mumbai Metropolitan Region (MMR). Anshul Singhal, a veteran in the real estate sector with over two decades of experience, has set up his own venture, Vantrock Real Assets Pvt Ltd. "Every good industrial and warehousing park in this country is full, and the new ones are being built an hour or more away from where the customer's business is. We are going the

Logistics sector must prepare workforce for tech shift: Skill council

The Logistics Sector Skill Council (LSC) in Chennai hosted PRISM 2026 - Powering Recognition: India's Skill Movement, an industry connect meet

GST reforms agenda: Businesses likely to get wider motor vehicle ITC

Insurance, repairs and servicing may qualify; EVs could get matching tax treatment

AI usage by logistics firms boosts delivery timelines of startups

An analysis by Unicommerce, based on summer sales this year, found that brands were able to limit RTO rates to 17 per cent, compared with nearly 25 per cent during the corresponding period last year

TVS Supply Chain, Japan's Sankyu sign pact to collaborate across services

TVS Supply Chain Solutions on Monday said it has signed an initial pact with Japan-based Sankyu Inc to collaborate across supply chain and engineering services. As part of the memorandum of understanding (MoU), Sankyu intends to acquire a 0.5 per cent stake in TVS Supply Chain Solutions (TVS SCS), subject to customary regulatory approvals. Under the partnership, the companies will explore opportunities to deliver enhanced value through a broader portfolio of solutions spanning logistics, warehousing, transportation, engineering services, maintenance and on-site industrial support. The collaboration will initially focus on opportunities in India, where both companies see significant potential to support manufacturing and industrial customers through a broader range of supply chain and engineering services, TVS SCS said in a statement. Over time, the collaboration is expected to expand into other markets across Asia, the Middle East and Africa, leveraging the combined capabilities of

Velocity to invest ₹100 crore over 2 yrs to expand AI-led shipping platform

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

Elara Capital expects strong Q3 for Ports & Logistics cos; check top picks

Elara Capital has given a Buy rating to its top ports and logistics picks, including Adani Ports & SEZ, JSW Infrastructure and Delhivery

Delhivery rises 4% on rolling out 'Delhivery International' for Indian MSME

Around 1 PM, Delhivery shares were trading at day's high level, up 3.96 per cent at ₹412.50. In comparison, BSE Sensex was trading 0.36 per cent lower at 84,795.25 levels.

CPPIB-backed IndoSpace Core adds six logistics parks in India for ₹3,000 cr

The acquisition adds 9 msf of leasable space across major cities and expands IndoSpace Core's portfolio to 22 msf, reinforcing its position in India's industrial and logistics market

India's warehousing sector sees absorption rebound on demand resurgence

Key micro-markets saw an increase in leasing activity, with e-commerce and 3PL players gaining momentum

Uber rides festive surge in India as courier demand hits record high

Strong growth in Uber Courier and Courier XL fuels expansion plans into 10 more cities next year, highlighting India's rising appetite for on-demand delivery

Amazon's automation drive could reshape global logistics and workforce

The company has responded to the news report with a statement that these are projections made by only one division (its robotics division) and they are not necessarily correct

Festive rush propels Skye Air to target 300k drone shipments this October

Drone startup Skye Air expects record festive volumes, partners with Blue Dart, DTDC, Shiprocket, and Ecom Express; plans city-wise expansion to Bengaluru and beyond in 2025

India's logistics cost to reduce to single digit by December: Gadkari

Logistics cost in India will come down to single digit by December this year, helped by rapid expansion of expressways and economic corridors, Union Minister Nitin Gadkari said on Friday. Addressing ASSOCHAM Annual Conference 2025, Gadkari further said a recent report prepared by IIT Chennai, IIT Kanpur and IIM Bangalore has revealed that India's construction of expressways and economic corridors has helped reduce the country's logistics cost to 10 per cent from 16 per cent earlier. "India's logistics cost will come down to 9 per cent by December, which will help India become more competitive. I am sure that 100 per cent it is going to give benefit to our industry, our exports will be more competitive," he said. Logistics cost is 12 per cent in the US, 12 per cent in European countries and 8 to 10 per cent in China. Talking about India's automobile sector, the minister said, "Within five years, our target is to make India's automobile industry the number 1 in the world." "When I t

Target ₹540: Analysts upbeat on Delhivery with 16% upside; top details here

On the bourses around 9:20 am, Delhivery shares were trading 0.33 per cent higher at ₹468.65 per share. In comparison, BSE Sensex was trading 0.12 per cent higher at 81,867.73 levels.

Borzo eyes group-level profitability by FY26, says CEO Alina Kisina

Borzo CEO Alina Kisina said the firm aims for group-level profitability across five markets by March 2026 after turning profitable in India, its largest market, in 2024

Trump tariff impact: Logistics players to realign supply chain network

There can be a realignment to Europe, Southeast Asia, and the Gulf Cooperation Council, as trade routes adjust

Mahindra Logistics to raise up to ₹750 crore through rights issue

Mahindra Logistics, a Mahindra Group company, plans to raise up to ₹750 crore through a rights issue to repay borrowings and for general corporate purposes

CCI clears Kedaara Capital's stake acquisition in logistics firm Porter

The Competition Commission of India (CCI) on Tuesday cleared a proposal by private equity firm Kedaara Capital to acquire a stake in SmartShift Logistics Solutions, the parent company of on-demand logistics-turned-unicorn Porter. Mumbai-based Kedaara Capital is acquiring a stake through its two affiliates Kedaara Sapphire Holding and Kedaara Capital Fund IV AIF in Porter. "CCI approves the acquisition of a certain stake in SmartShift Logistics Solutions Pvt Ltd jointly by Kedaara Sapphire Holding and Kedaara Capital Fund IV AIF," the competition watchdog said in a post on X. Porter is primarily engaged in business activities, including the provision of logistics services, packing and moving services. In May this year, Porter announced that it raised USD 200 million in a Series F funding round co-led by Kedaara Capital and Wellington Management at a valuation of USD 1.2 billion. Meanwhile, Porter's early investors venture capital firm Peak XV Partners (formerly Sequoia Capital Indi

Chhattisgarh govt unveils draft policy to boost logistics and exports

The move will particularly benefit farmers and forest-based producers in resource-rich regions such as Bastar and Surguj