Category Archives: Warehousing

V-Trans (India) has undertaken various sustainability initiatives such as green tree plantation, rural life upliftment, and energy conservation. V-Trans (India) that believes in sustainability and CSR is working towards harnessing the power of the sun and determined towards having less polluting vehicles in its fleet. In addition, the firm became the proud owner of the first CNG truck produced by Ashok Leyland. A company statement read, “We are monitoring the Electronic Vehicle segment and are planning to move towards sustainable automobile solutions. We consider sustainable automobile solutions are important in unlocking the potential of Sustainable Logistics which will shape the future of the commercial transportation industry. This will lessen oil dependability, improve financial efficiency, and will protect our environment.”

V-Trans (India) Ltd, a preferred single window logistics solution provider won the “Best Integrated Logistics Service Provider” award by India Cargo Awards, India’s topmost Supply chain awards, which helps to create a platform to recognise those behind the success of the cargo and logistics industry on 30th March 2022. Aditya Shah, Executive Director, V-Trans (India) Ltd received the award from Amrit Lal Meena, IAS, Special Secretary (Logistics) – Dept. of Commerce, Gov. of India at Crowne Plaza, New Delhi. V-Trans (India) is a champion of Surface Transport Pan India & in SAARC, V-Xpress is the expert in Door to Door, multimodal express cargo movement and V-Logis provides comprehensive warehousing and end to end integrated logistics.

Institutional investments in Indian real estate touched USD1.1 billion during Q1 2022, doubling from the same period last year. The opening up of the economy post the third wave of Covid -19 infections, and an improvement in investors’ sentiment has led to surging investments, compared to the prior quarter. The investment activity during the quarter was driven by some large-sized deals in the office sector and foreign investors, that accounted for about 70 percent of the inflows during the quarter.

FM Logistic has expanded its warehousing footprint to service large fulfilment requirements in the Mumbai Metropolitan Region by taking the handover of its 3.7 lakhs sq. ft. facility at Welspun One Logistics Parks’ (WOLP) flagship park in Bhiwandi. The project was delivered as per agreed timelines despite pandemic related lockdowns and disruptions. With this handover, FM Logistic will have access to a Grade A warehousing facility built according to global standards. The project is MIDC-approved and is 100 per cent compliant with statutory building, safety, and fire norms.

V-Trans won the “Best Integrated Logistics Service Provider” award by India Cargo Awards, India’s topmost Supply chain awards, which helps to create a platform to recognise those behind the success of the cargo and logistics industry on 30 March 2022. Aditya Shah, Executive Director, V-Trans (India) Ltd received the award from Amrit Lal Meena, IAS, Special Secretary (Logistics) – Dept. of Commerce, Gov. of India at Crowne Plaza, New Delhi.

Ecom Express has leased over 4 lakh sq. ft. of warehousing space in the logistic hubs of Bhiwandi and Farukhnagar from Welspun One Logistics Parks. Bhiwandi and Farukhnagar are both thriving Logistics Ecosystems servicing the consumption centers of MMR and NCR respectively. Ease of connectivity to expressways, highways and nearby states have established both these locations as critical warehousing micro-markets. Through this deal, Ecom Express will add to its existing warehousing inventory in these strategic markets, built specifically to meet their needs whilst at par with global “Grade A” standards. According to the deal, Ecom Express has leased the warehousing spaces for a term of 9 years at both the parks, in two separate transactions and these projects are expected to go live by the second half of 2022.

GEODIS announced that it has signed a binding agreement to acquire Keppel Logistics. The project will significantly increase GEODIS’ Contract Logistics footprint and e-commerce fulfillment services in Singapore and Southeast Asia. This project is a significant step along GEODIS’ strategic roadmap for the Asia-Pacific region, where GEODIS currently employs 3,700 people spread over 76 sites. The acquisition will reinforce GEODIS’s position as a leading logistics service provider, further expanding its footprint by adding to recent investments in contract logistics sites in India, South Korea, and Australia.

Following last year’s well-perceived first Masterclass on Pharma Logistics—an international joint initiative between the air cargo industry and world-renowned academic institutions—a second edition will take place from September 5 to 9, 2022 at Khalifa University of Science and Technology, Abu Dhabi. Apart from highlighting the current critical aspects of pharma logistics, this masterclass aims to create a unique opportunity for industry professionals to gain more in-depth knowledge, as well as for academics and Ph.D. students to obtain advanced insights into how pharmaceutical supply chains are organised and logistics processes are optimised through applied technology for the pharma and life science sectors.

In a major land deal in NCR, the Capital Markets division of leading independent real estate advisory ANAROCK Group has successfully closed the sale of a 41-acre land parcel on the Ballabhgarh-Sohna Highway. Pardos Logistics, a subsidiary of Pardos Real Estate (a development platform incubated by the DMI Group’s Alternative Investment Fund) will utilise this land parcel to develop 1 million sq ft of prime warehousing space. The prevailing land prices around the Ballabhgarh-Sohna Highway region range from Rs 1.4 to 1.5 crore/acre. Akshay Uday, Sr. Vice President – ANAROCK Capital, says, “The land, which was acquired from a group of Delhi-based investors, will be developed over a period of 18 months with an investment corpus of approximately Rs 200 crore. The land is ideally located, benefiting from proximity to critical road infrastructures like the Delhi-Vadodara Expressway, Eastern Peripheral Expressway, National Highway 8, and KMP Expressway.”

The India Cargo Awards commenced with a ribbon-cutting ceremony, recognising true leaders and their hard work, passion, and commitment to the industry. This year’s awards were all the more meaningful since they were a homage to all those who overcame unprecedented challenges during the pandemic. The event was attended by Chief Guest Amrit Lal Meena, Special Secretary (Logistics), Ministry of Commerce & Industry, Department of Commerce, Government of India, and Guest of Honour Piyush Shrivastava, IES, Sr. Economic Advisor for the Ministry of Civil Aviation, Government of India.