Kale and Dagang NeXchange are to pilot a first-of-its-kind digital platform to connect airport stakeholders at Kuala Lumpur International Airport, Malaysia.

Freight, or the movement of goods, is the need of the hour and will always be necessary for the smooth functioning of an economy.

India’s opportunities in warehousing are riding on the growing demand of online retail, which is opening up warehouses in tier 1 and tier 2 cities apart from collaborating with logistics service providers across the country.

Akash Bansal, Country Head, Om Logistics believes that there is a long way for the Warehousing sector to go and that significant upgrades in warehousing infrastructure and capabilities are needed to match international standards.

The implementation of NLP will encourage infrastructure development and make the warehousing sector more enticing to foreign investors. The warehousing market in India was estimated to be worth INR 1,050 Bn in 2020, according to the “Warehousing Market in India 2021” report. Between 2021 and 2025, it is anticipated to increase at a compound annual growth rate (CAGR) of almost 14.86 per cent, reaching INR 2,028.86 Bn in value.

Delivery Linked Checkout (DLC), a first-of-its-kind integrated capability, enables retail businesses to achieve profitability in their last-mile logistics.

Short-range aircraft, turbojets, and helicopter imports that are not strictly necessary have been restricted, according to the Ministry of Civil Aviation of India.

New Delhi has also intensified its scrutiny of Chinese companies operating in India.

The Kerala government has said it is committed to the project, which supporters say will create jobs in the region.

The GCT terminals will enhance CMA CGM’s capabilities, which already include 24 shipping lines and a fleet of nine ships under the American President Lines (APL) Lines flag.

The release of a National Logistics Policy (NLP) has been long-awaited by the entire logistics fraternity. With the Indian logistics market valued at around USD 250 billion in 2021 and expected to cross USD 380 billion by 2025, the policy was indeed a need of the hour.

With retailers competing fiercely to deliver as soon as possible, they are gradually realising that superfast delivery and rapid revenue growth cannot coexist.