04 Jun 2025

Schaeffler India has inaugurated its fifth manufacturing facility in Shoolagiri, Tamil Nadu, marking a significant expansion in the company's operations. The 16,500 square meter plant focuses on producing powertrain and chassis components, including technologies for both conventional and hybrid vehicles. This move aligns with Schaeffler's strategy to enhance its local capabilities and cater to the growing automotive demands in India. The facility is part of a broader 108,000 square meter development, with full-scale production expected by the fourth quarter of 2025. The company has invested INR 1,700 crore between 2022 and 2024, surpassing its initial commitment of INR 1,500 crore. This investment underscores Schaeffler's commitment to India's 'Make in India' initiative and its focus on sustainable manufacturing practices.Read more

02 Jun 2025

US-based industrial real estate major Panattoni will invest EUR 100 million (approx. INR 900 crore) to expand its presence in India's key industrial corridors. The investment includes Panattoni Park Hosur I, a 25-acre Grade-A industrial and logistics park in Hosur, Tamil Nadu. The park will serve sectors such as e-commerce, 3PL, FMCG, and manufacturing, with Phase 1 offering 550,000 sq. ft. of built-up space. Construction starts in Q3 2025, with completion slated for Q2 2026. The project will incorporate green building and ESG standards. This follows Panattoni's first Indian project, Panattoni Park NH71 in Delhi NCR, launched in 2024. The company's expansion aligns with India's rising demand for modern logistics infrastructure, driven by strong economic growth and government supply chain initiatives. The Hosur project is expected to boost regional economic activity and position Hosur as an emerging logistics hub.Read more

30 May 2025

The South Korean logistics giant CJ Logistics Corporation has increased its footprint in India by investing USD 32 million in CJ Darcl Logistics, its Indian subsidiary. This capital infusion has increased its stake from 51% to 100%, effectively making CJ Darcl a wholly-owned subsidiary. The deal, which involved buying out the stake of Indian promoters, was executed through a rights issue. CJ Darcl, previously a joint venture, had already established itself as one of India's leading logistics firms post CJ's initial investment in 2017. This move is expected to solidify CJ's strategic expansion and operations in India.Read more

26 May 2025

GMR Hyderabad International Airport Ltd (GHIAL), a subsidiary of GMR Airports Ltd, has initiated steps to fully acquire ESR GMR Logistics Park Pvt Ltd (EGLPPL) by purchasing the remaining 70% stake for a little over INR 41 crore. GMR Hyderabad Aerotropolis Ltd, already holding a 30% share, is set to make EGLPPL a wholly owned subsidiary. This acquisition aligns with GHIAL's broader vision to expand its airport land development portfolio in Hyderabad, focusing on sectors like warehousing, industrial, commercial, hospitality, and retail to support regional economic growth.Read more

23 May 2025

GS1 India is set to host the GS1 General Assembly 2025 in Mumbai, scheduled for the coming week. The three-day event will bring together over 250 global leaders, including representatives from the GS1 Management Board and Chairpersons and CEOs from 118 member organisations. With the theme 'Building Bridges for a Better Tomorrow,' the assembly will focus on the launch of GS1 Vision 2030, which outlines the strategic direction for global supply chains to become more digital, resilient, and sustainable. Attendees will discuss the impact of emerging technologies like AI and Blockchain and the transition to next-generation barcodes under the Ambition 2027 initiative.Read more

22 May 2025

The Municipal Corporation of Delhi (MCD) has announced plans to expand its zero-waste initiative by adding 200 new colonies by 2027, aiming to process an additional 25 tonnes of waste daily. Currently, 633 areas, including 593 residential colonies and 40 institutions, manage approximately 100 tonnes of waste each day through segregation and composting. Launched in September 2022 under the 'Swachhta Abhiyan,' the program faces challenges such as limited space, community engagement, and stringent certification criteria. Incentive schemes like "Harit Mitra" and 'Sahbhagita' offer property tax rebates to encourage participation.Read more

21 May 2025

Amazon India has received interim approval from the National Company Law Tribunal (NCLT) to merge its logistics arm, Amazon Transportation Services (ATS), with its marketplace business, Amazon Seller Services. The decision is aimed at simplifying compliance, streamlining operations, and improving use of infrastructure and resources. ATS, which was launched in 2013, gets over 95% of its business from Amazon and recently started serving third-party clients. The merger aligns with Amazon's global strategy of integrating business verticals for better efficiency. Rival firms like Flipkart and Meesho are also strengthening their logistics capabilities, highlighting the importance of end-to-end control in e-commerce.Read more

16 May 2025

Uttar Pradesh's Invest UP and Northern Railway's Lucknow Division signed an MoU to boost the state's industrial and logistics infrastructure. The agreement allows investors to lease railway land at a concessional rate of 1.5% of the industrial or circle rate for 35 years to develop warehousing and logistics facilities. Chief Secretary Manoj Kumar Singh highlighted that improved logistics, including seven operational expressways, will accelerate industrial growth. The MoU supports sustainable transport by requiring rail use for either raw materials or finished goods. This partnership aligns with the UP Warehousing and Logistics Policy 2022, offering incentives for projects investing over Rs.20 crore. Ongoing projects include the Dadri logistics hub and Varanasi's freight village.Read more

13 May 2025

The warehousing sector in eight prominent Indian cities experienced a 2-5 per cent annual increase in average monthly rents during the January-March period, driven by strong demand, according to a report by Knight Frank India. Mumbai, the largest warehousing market, recorded a 5 per cent rise in rents to INR 24.7 per sq ft, while Kolkata saw a similar increase to INR 24.8 per sq ft. Ahmedabad, Pune, Delhi-NCR, Chennai, and Bengaluru registered rent growth between 3-4 per cent, while Hyderabad experienced a more modest 2 per cent rise. The report highlighted that the rent growth momentum, which began in 2021, has persisted due to inflationary pressures on construction materials and a tight supply scenario.Read more

12 May 2025

Essar Group's GreenLine Mobility Solutions has partnered with Shriram Finance to deploy a new fleet of LNG-powered trucks, as part of its ongoing efforts to promote sustainable logistics. The deployment was flagged off at Chakan, Pune, and marks a significant step in GreenLine's strategy to decarbonise India's transportation sector, which contributes nearly 15% of the country's carbon emissions. With a current fleet of over 650 LNG trucks serving key industries, the company plans to expand to 10,000 LNG and EV trucks, supported by a network of 100 LNG refuelling and EV charging stations nationwide. This initiative is expected to curtail carbon emissions by up to 1 million tonnes annually.Read more