Ekart, India’s largest supply chain network will now make its warehouses across the country available to brands, manufacturers, retailers, and SMEs as a part of its vision to become a 4PL (fourth-party logistics) player in the country. The initiative will enable brands of all sizes, manufacturers, and retailers from across industries to leverage Ekart’s technologically […]
Cyient, a consulting-led, industry-centric, global technology solutions company, announced a partnership with Thingtrax to enable manufacturers to increase efficiency and reduce costs. The partnership will enable global manufacturers to drive higher performance across their entire manufacturing operation through AI-powered data. Cyient’s end-to-end manufacturing services suite and the Thingtrax solution allow manufacturing leaders to improve operational […]
India’s overall oilmeal exports so far during the current financial year – April to December – were 70 per cent higher year-on-year at around 3.3 million tonnes, data compiled by vegetable oil industry body, The Solvent Extractors’ Association of India (SEA), stated. Oilmeals are basically the residue left over after extraction of oil from oilseeds, […]
Indian domestic air travel has significantly improved as it touched 85.7 per cent of pre-covid 2019 levels in the year 2022, according to the International Air Transport Association (IATA). IATA announced earlier this month that the recovery in air travel continued in December, 2022 and was signed up for the whole year compared with 2021. […]
Supply chain planning is integral to the success of any business. The appropriate planning strategies can create a competitive advantage and yield substantial returns. However, despite its importance, many organisations struggle to realise its true strategic value. Supply chain management enables effective and economical operations, allowing businesses to maximise earnings while improving customer experience. Further […]
Indian Railways and India Post have formally launched Rail Post Gati Shakti Express Cargo Service, Joint Parcel Product of Railways, and India Post. In consonance with the ‘Gati Shakti Master Plan’ to provide seamless solutions for the movement of parcels, Indian Railways and the Department of Post have collaborated and evolved a Joint Parcel Product […]
India’s overall exports on Wednesday posted a 14.57 per cent increase year-on-year in January 2023 to USD 65.15 billion, against USD 56.86 billion on January 2022, the Union Commerce ministry stated in a release. Overall exports mean exports of merchandise and services combined. Further, according to a statement from the Ministry of Commerce and Industry, […]
In a major move to beat traffic snarls and deliver medicines on time, a dedicated service to send drugs via drones was launched in Kolkata on Tuesday. Speaking to ANI, Arpit Sharma, the associate vice president of TSAW Technit Space and Aero Works, a startup, said, “We are happy to have launched a dedidated drone […]
Business tycoon Gautam Adani’s FMCG arm Adani Wilmar on Thursday released a statement clarifying that Himachal Pradesh GST Department has not found any irregularities in operations and dealings of the company. “One of Adani Wilmar’s depot warehouse at Parwanoo, Himachal Pradesh was visited by GST officials yesterday evening. The staff extended their support during this […]
Gati, a distribution and supply chain management company reported a 90.0 per cent year-on-year (YoY) decline in its Profit Before Tax (PBT) at Rs 0.5 crore in the quarter ended on 31 December 2022, compared to the last year in the same quarter at Rs 5 crore. However, the company’s revenue increased by 7.3 per […]
