Global logistics giants looking at India, Vietnam as potential Asia hubs, says supply chain guru Lagad

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Several Europe and U.S.-based logistics giants would be keen to expand operations in India and Vietnam, making them the new supply chain hubs in Asia in the medium- to long-run following growing hostility between the West and China, a leading logistics expert said. Harry Himmat Lagad told indoasiancommodities.com from Singapore that while India and China […]

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Interview – Right interventions needed to bring India’s logistics industry back to normal after lockdown

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The Great Lockdown broke supply chains and severely impacted movement of goods across India, hitting logistics business hard. However, as Rajnish Kumar, Promoter Director of Pristine Group of Companies told indoasiancommodities.com, the situation was beginning to improve as customer confidence returned even though there was still some distance to be covered before the it fully […]

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Logistics – Snowman says to invest Rs 65 crore in expansion this year

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Bengaluru-based Snowman Logistics, India’s largest private cold chain service provider, is going ahead with its expansion plans after its proposed takeover by the Adani Group fell through, Chief Executive Officer Sunil Nair said. “We will be opening two more units during the course of this year – in Siliguri and Coimbatore. Besides, we will be […]

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Logistics and disruptions in supply raise price of agro- commodities: CRISIL

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During the past three months during Covid-19 induced lockdowns, retail prices of agricultural commodities have jumped sharply on account of supply chain disruptions. Data compiled by the Union Ministry of Consumer Affairs, Food and Public Distribution showed retail prices of almost all commodities jumped in the past three months till June-end in both Mumbai and Delhi. Though […]

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Agritech startups innovating rapidly to connect with farmers

Agritech startups in India are innovating and making multiple changes to their processes to maintain connections with farmers, during the pandemic crisis. The startups, which have been working on helping farmers improve productivity, are helping farmers with access to raw materials and farming equipment. Some of them are also streamlining supply chain for better demand […]

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India, world’s second-biggest steelmaker, charts out logistics path to slash costs

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India, world’s second-largest steel producer, is planning a multi-pronged approach to slash the significant cost of logistics that is eroding the metal’s global competitiveness, Minister of State for Steel Faggan Singh Kulaste said on Wednesday. Speaking at a webinar titled “Supportive Logistics for Indian Iron and Steel, the minister said the government is aiming to […]

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India’s plan to cut coal import goes for a toss as FY20 breaks logistics chain: CRISIL

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Weak logistics support and disrupted supply chain towards the end of the last financial year 2019-20 hit the government’s plan to cut coal imports and boost domestic production. Despite having the world’s fourth-largest coal reserves in the country, India imported about one-fourth of its domestic coal requirements in the last fiscal, mainly due to shortfall […]

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Logistics hurdles are a bigger challenge than harvesting, says IFFCO Kisan

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IFFCO-KISAN Sanchar Limited, the joint venture between fertiliser major IFFCO and telecom giant Bharti Airtel, is the country’s leading platform reaching out a massive number of farmers, providing them with advisory services. It is also involved in a clutch of agri allied activities.  In a conversation with indoasiancommodities.com‘s Ritwik Sinha, IFFCO-Kisan Managing Director Sandeep Malhotra […]

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