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The transaction through debt and equity is expected to conclude in a phase-wise manner over the next 12 months.

Blackstone to invest Rs 380 crore in Allcargo for industrial and logistics parks

14 Jan 2020 7:40 AM GMT

January 14, 2020: Allcargo Logistics announced that it will be receiving an investment upto Rs 380 crore from the global private equity investor, the...

(From Left to Right) Kevin Burrell, CEO, DHL Supply Chain, Thailand Cluster and Terry Ryan, CEO, DHL Supply Chain Asia Pacific hand the first invoice to Victor Seah, CEO, Nestl Indochina and Stephen Knight, country manager of Nestl Myanmar at DHL Supply Chain Myanmar, Dagon Seikkan Warehouse, Yangon.

DHL to manage entire warehousing operations of Nestlé in Myanmar

10 Jan 2020 7:08 AM GMT

January 10, 2020: The global food company, Nestlé, has appointed DHL Supply Chain (DHL) to manage the entire warehousing operations for its food...

Industrial & Logistics sector has received an investment of $500 million between 2017 and H1 2019 since the rollout of GST

Indian warehousing space to touch 500 million sq. ft. by 2030: CBRE survey

17 Oct 2019 7:13 AM GMT

October 17, 2019: Due to the rising interest of prominent players, the warehousing capacity of India is expected to touch 500 million sq ft by 2030...

The festive season and anticipated revival in infrastructure spending post monsoons and improvement in receivable cycle of contractors could drive the demand pick-up.

Indian logistics sector to grow 8-10% over medium term; outlook stable: ICRA forecast

10 Oct 2019 1:01 PM GMT

October 11, 2019: Credit rating agency ICRA Research has forecast a stable outlook for the domestic logistics sector, which it said would grow at 8-10...

The construction of the warehouse will be supervised by NG Concept, the real-estate sister company of FM Logistic.

FM Logistic's Jhajjar multi-use warehouse to be ready by Dec 2020

25 Sep 2019 12:30 AM GMT

September 25, 2019: Global logistics provider FM Logistic has broken ground on its 31-acre multi-client logistics facility (MCF) in Jhajjar, near...