DHL Supply Chain recently opened an E-commerce Fulfilment Centre at Luhari, India, for Adidas, one of the global market leaders in the sporting goods industry. Spread across 200,000 sq. ft., the 24×7 operation has a storage capacity of over three million units and meets stringent global standards of health and safety. This site is in addition to the Adidas Central Distribution Centre, one of India’s largest centralized sporting goods facilities, with a footprint of 300,000 sq. ft. in Luhari. Operated by DHL Supply Chain, this site primarily caters to retail and institutional customers. The new facility consolidates two of Adidas sites which will effectively cater to the growing e-commerce sector with greater operating efficiencies. “Growing the Direct to Consumer business is a strategic priority for us in our Own the Game strategy. In India, Adidas launched its digital flagship store and app in 2021. We further invested in this new facility in 2022 to continue to capture the potential of the e-commerce business in India as well as enhance the consumer experience for consumers shopping on our website and app,” said Neelendra Singh, Managing Director, Adidas India. The e-commerce market in India is expected to be USD 74.8 billion by the end of 2022 and is projected to grow at approximately 21per cent to USD 350 billion by 2030. This shift has been facilitated by the movement of both buyers and sellers to online channels. “We are delighted to continue our close seven-year partnership with adidas and offer our expertise to set up world-class infrastructure to meet the growing needs of our customers,” said Vikas Anand, Managing Director, DHL Supply Chain, India. “This new modern facility has been built to …
Read More »TT Aviation opens Kolkata for Export Customs Bonded Trucking
TT Aviation, which started its operation from 2010 in the Customs Bonded Trucking domain, has added Kolkata (CCU) in their network and got the necessary Customs approvals to start Export Bonded Trucking from Kolkata WEF Jan’23. In H2 2022, Kolkata was primarily used for import bonded trucking destination and successfully offloaded 150+ trucks. Kolkata is the 9th station in the network after MAA, HYD, BLR, COK, CJB, BOM, DEL & AMD, which is capable for both import and export bonded trucking activities. With this addition, the freight connectivity from Kolkata has been widened for the trade and it will connect Kolkata to all major metro/non metro air cargo terminals between 72-120 hrs. Size and shape of the cargo will not be a showstopper anymore and at the same time there will not be any commodity restrictions too. The road connectivity from Kolkata will reduce the logistics cost by approx. 10-14% for air cargo.
Read More »Delhivery to acquire Algorhythm Tech to boost supply chain ops
Delhivery will acquire the Pune-based Algorhythm Tech that delivers intelligent planning & optimization solutions for enterprise supply chain operations. The company said the transaction is expected to be completed by 31st Jan 2023. This would be a 100 per cent acquisition post which Algorhythm Tech will operate as a wholly owned subsidiary of Delhivery Limited. Founded in 2003 by Abhaya Borwankar, Ajit Singh, and Sandeep Pendurkar, Algorhythm offers end-to-end supply chain planning & execution products to clients across FMCG, pharma, steel, auto and telecom sectors, through its proprietary Rhythm 3.0 platform. Commenting on the announcement, Sandeep Kumar Barasia, Executive Director and Chief Business Officer, said, “We congratulate Abhaya, Ajit, and Sandeep on building a truly differentiated product offering with a great depth, and breadth of coverage across industry sectors and use cases. Given that technology has and continues to be our core business differentiator, Algorhythm Tech’s SCM software products will enhance our Supply Chain Solutions offering with value added services and also drive cost optimization in service delivery. These SCM products are increasingly becoming vital for supply chain planning and optimization. And our clients will have the option of availing the benefits of these as part of our Integrated Solutions platform.” Ajit Singh, Co-founder, Algorhythm Tech, added, “Delhivery has made great strides to emerge as the largest logistics provider in India in a decade and we can think of no better team or company to work with to accelerate our joint vision for the future.”
Read More »Onmove acquires Transin logistics to expand ops
Onmove, a high-speed, long-distance trucking aggregator, has recently announced that it has acquired 100% stake of Transin Logistics, a Hyderabad based trucking aggregation platform. Transin is a 100% asset light technology enabled trucking solution business operating in the Port ecosystem of India, with an annual revenue rate of INR 200 crores. Powered by a massive network of 34,000+ trucks catering to the EXIM and bulk cargo segments, Transin serves major blue-chip clients such as Aditya Birla, Ambuja Cement, ITC, Adani, Nuvoco among others. Onmove has raised a pre series A round of equity funding led by its existing investors Oliphans Capital with participation from several marquee angel investors like Mr Haresh Chawla. This acquisition is funded through a mix of equity and debt. Venture debt is raised from Chennai based AIF fund Anicut Capital which has also participated in an equity round. This partnership will help Onmove broaden its customer base in the commodity segment which is the largest consumer of trucks. It will further help Onmove strengthen its presence in the southern part of India thus ensuring better load stitching and higher utilization of assets. Besides, it will help Onmove enter the Port logistics business with focus on Port to Plant movement. Transin, in turn, will be able to expand its user services by offering end-to-end logistical assistance for the transport of final products from plant facilities to the end market. With this acquisition, Onmove has achieved an ARR of ~INR 600 crore.
Read More »Rs. 2500 cr MoU signed to build industrial, logistics parks
ESR India has inked a memorandum of understanding with the Karnataka government to invest ₹2,500 crore in the state. As a part of the MoU, the company will build industrial and logistics parks, urban distribution centres, and data centres in the state. Abhijit Malkani, CEO ESR India said, “Karnataka is a significant market for us due to its mature industrial ecosystem. We aim to bring world-class development expertise in industrial and logistics parks, urban distribution centres and data centres to enrich the state’s industrial, logistics and data infrastructure.” “The MoU will accelerate development and attract more investments from multinational and national companies. ESR has committed to a significant investment of Rs 2500 crores over a period of 3 years. Our vision is aligned with the government of Karnataka to champion industrial progress and socio-economic growth in the region,” Malkani added.
Read More »Movin expands express service in 19 new tier 2, 3 cities
Movin Express, a joint venture between UPS and InterGlobe Enterprises, has announced the expansion of its Express end-of-day service to 19 new cities and towns, providing faster time in transit in Tier 1 and Tier 2 cities. This expansion takes the network of Movin’s Express end-of-day services to 47 cities, covering ~3000 pin codes, which caters to major commercial production and consumption hubs of India. This latest phase of expansion of operations, supported by tech-driven innovations, has spread MOVIN’s services in Metros as well as Tier 1 and Tier 2 cities to cater to customers’ demands in the ever-expanding B2B logistics space. The 19 new cities are Allahabad, Aurangabad, Bagdogra, Belgaum, Dehradun, Guwahati, Hubli, Jodhpur, Kolhapur, Madurai, Mysore, Nagpur, Rajahmundry, Rajkot, Thiruvananthapuram, Tiruchirappalli, Tirupati, Udaipur and Varanasi. The already existing 28 cities include Ahmedabad, Amritsar, Baroda, Bengaluru, Bhopal, Bhubaneshwar, Chandigarh, Chennai, Cochin, Coimbatore, Delhi-NCR, Goa, Hyderabad, Indore, Jaipur, Jalandhar, Kanpur, Kolkata, Lucknow, Mangalore, Mumbai, Patna, Pune, Raipur, Ranchi, Surat, Vijayawada, and Visakhapatnam. JB Singh, Director InterGlobe Enterprises and Board Member of Movin, said, “The decision to expand our presence into these cities was a logical step in our business growth strategy. It has been in line with our plan to tap into key locations that generate most of India’s B2B commerce volume. Our network in this phase of the expansion has added some of the most strategic markets in the country that will allow us to unlock businesses from sectors such as textiles, electronics, IT peripherals, automotive components, healthcare, and e-commerce. Our customers are gaining business value from our class-leading, competitive, and technology-driven express and standard premium services.”
Read More »‘Reinventing supply chains with agility in New Normal’
The 4th Edition of SCM Logistics World summit with an apt theme ‘Reinventing Supply Chains through Agility & Resilience in a New World Order’ is all set to kickstart on November 4, 2022 at the Holiday Inn in New Delhi. Organised by the Programic Asia, the summit will have the supply chain experts discussing on various important subjects such as Net Zero Supply Chain & Impact on Business, Hiring & Culture – The Key role of Talent in the Future Supply Chain, India’s Response to Port Girdlocks and Fostering Supplier Enabled Innovation in Supply Chains. The event will prove to be a great platform to deliver the must-have insights, strategies and frameworks for chief supply chain officers and their leadership to bring continued agility, resilience and adaptability to their organizations.
Read More »New processing & distribution hub in Mumbai for perishables
India’s first D2C brand in the seafood and meat category, Pescafresh, has launched a new processing facility and distribution hub in Mumbai for its seafood, meats, eggs, Ready to Cook (RTC) and Ready to Eat (RTE) processing operations. This Central Areal Processing and Distribution centre (CAD) in Lower Parel includes separate processing areas for seafood, poultry, mutton and RTC and RTE with industry-leading temperature and humidity controls. It also has a culinary centre, dry storage, an office mezzanine, freezers, coolers, and loading docks. The unit includes an R&D centre to develop exemplary fresh products across the seafood and meats range. Equipped with industry-referenced processing, analytical capabilities and based on European standards, the new facility will serve customers hygienic and 100% fresh Pescafresh products. This facility reinforces the company’s strategy of investing in infrastructure that enables the brand to create formulations that meet the needs of customers and market trends. It has been constructed to enable the highest standards in hygiene and cleanliness and various industry-standard Sanitary Standards Operating Procedures (SSOPs) have been put in place.
Read More »Building Robust, Resilient, Reliable supply chains: Scindia
India has grown tremendously and realised the importance of supply chains. Last two years have witnessed tremendous technological shifts taking take place across the world and one of the areas where these technological shifts have their profound impact has been supply chain, said Jyotiraditya Scindia, Minister of Civil Aviation and Steel, Govt of India at the ongoing event, Leads 2022 organised by FICCI in the capital. The minister said, there are three key words connected with supply chain – robustness, resilience, and reliability. This three ‘R’ approach signifies the context of a successful supply chain and India today is creating that ecosystem for supply chains. To achieve this, minister added that there have been landmark developments going on on the policy front. “With PM’s Gati Shakti initiative, which aims to enhance infrastructure and connectivity for seamless movement of cargo, multimodal projects to enhance transportation via air road sea and rail, enabling customers to track and trace their products and the latest National Logistics policy, the country is moving in the right direction. Logistics industry is set for a rapid growth,” said the minister.
Read More »New fleet of trucks launched for temp-controlled shipments
WIZ Tracks flagged off its fleet of trucks for temperature-controlled shipments at the recently concluded Cold Chain Unbroken 2022 event in Hyderabad. Guhan murty, Director, Land transportation Solution Wiz Truck said, “We operate a fleet of over 1600 trucks. We currently operate around 25 reefer trucks and we have plans to scale it up to 50 trucks by December. We see a lot of growth opportunities in this segment because it’s highly fragmented and there are very few big players who are supplying cold chain products pan-India. We have plans to cover all the pin coded in India.”
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