Logistics News
Savills noted that the rental values remained stable in 2021 across the major cities.
New projects were delivered with improved specifications and of high quality environmental, health and safety (EHS) standards.
The overall industrial and warehousing space stock in tier I cities stood at 266 million square feet at the end of 2021.
India is looking for young entrepreneurs to build business houses and create more jobs.
India can save up to USD 50 billion if logistics costs are brought down from 14 percent to nine per cent of country`s gross domestic product (GDP) thereby making domestic goods more competitive in global markets, an ASSOCHAM-Resurgent India joint study said on Saturday.
The new dealership Gulf Ashley Motors, in Gandhidham, Gujarat, would be of 3S facility
The city-based firm has also picked up a minority stake in logistics firm GoJavas, which is the former logistics arm of smaller rival Jabong.
Online marketplace major Snapdeal is in talks to acquire logistics firm GoJavas in a deal estimated to be about Rs 150-200 crore, as it looks to further strengthen its delivery operations in the country.
Shares of India`s logistics firms gain ahead of the listing of rival cold storage company Snowman Logistics in the next few weeks.
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