Indian international trade badly affected by acute container shortage

The shortage of containers has hit trade globally and has been particularly acute at major Asian export ports. Although the port of Nhava Sheva has seen 35% improvement in container availability in January 2021 over December last year according to Container xChange it will take time for the benefits of this to filter through to.

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Budget wish list from logistics sector: digitisation, fuel under GST, some tax tweaks

Digitisation to bring in transparency while removing paper-based compliance requirements, bringing fuel under the purview of GST, accelerating infrastructure and tweaking recently introduced tax norms are some of the key demands from logistics players including Spoton Logistics, TCI, Pickrr and AIMTC ahead of the Budget. These demands come as Government looks to lower logistics costs.

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Dubai group to set up smart industrial city in Kerala

Dubai’s Brixton Group will set up a futuristic and state-of-the-art industrial smart city in the Indian state of Kerala. It is estimated that the project will cost Rs12 billion and will be set up near Kalamssery, Kochi, over 30 acres of land. Slated to be completed by 2023, the project will have five business verticals,.

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Logistics players expect working capital package in Budget

The logistics industry, which has been impacted by the pandemic, expects the upcoming Union Budget to announce a working capital package for the sector. The industry also expects major investment announcements for infrastructure to boost the sector. Ambrish Kumar, Founder of Zipaworld and Group CEO, AAA 2 Innovate Private Ltd said the government should increase.

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Odisha urges Centre for place in industrial corridor

The State Government has urged the Centre to establish an Eastern Industrial Corridor through Odisha as this would not only make the freight corridor economically viable but also would provide forward and backward linkages for the industrial hinterlands. While an Eastern Freight Corridor from Amritsar to Kolkata is coming up, that would be economically viable.

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DICV and Motherson Group unveil ”BSafe Express” for vaccine transportation

Commercial vehicle manufacturer Daimler India Commercial Vehicles on Friday unveiled ”BSafeExpress” in association with the Motherson Group for safe transportation of COVID-19 vaccines in the country. The BSafeExpress, a specialised truck, is designed for the safe transportation of the COVID-19 vaccine that can even deliver the vaccines even in ”most remote” destinations. “Equipped with state-of-the-art.

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Reliance Retail secures Future with logistics, other deals to unlock synergies

Even as final approvals for the Reliance-Future deal are awaited, Reliance Retail has begun using Future Group’s supply chain. The retail arm of Mukesh Ambani-helmed firm is tapping Future’s network for its logistics and warehousing needs in the food, groceries and fashion retail segments, according to an Economic Times report. Market regulator Securities and Exchange Board of India.

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Logistics process streamlining & backend system enabling underway: Pawan Kumar Agarwal

Speaking at IAMAI 15th India Digital Summit, Pawan Kumar Agarwal, Special Secretary, Logistics, Ministry of Commerce and Industry, GOI while giving keynote on Building future ready logistics network for the Country said, “Logistics and Supply Chain are omnipresent issues across the sectors but we realized their importance during COVID times”. Agarwal stated that “Unified laws.

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