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Indian logistics market to grow at 8.8% annually to $484.43 bn by 2029

PTI -
LogiMAT India 2024 projections indicate a surge in market size to $317.26 billion by 2024, with a projected CAGR of 8.83%, catapulting it to $484.43 billion by 2029 New Delhi: The Indian freight and logistics market is estimated to grow...
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70% of APAC warehouse decision makers to automate workflow by 2024: Report

Indiaretailing Bureau -
The study includes feedback from over 1,400 decision-makers and associates who manage and maintain a warehouse or distribution centre New Delhi: Seven-in-10 warehouse decision-makers or 70% in the APAC (Asia–Pacific) region already have or are planning to automate workflows by...
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Xpressbees gets USD 80 million investment from Teachers’ Venture Growth

PTI -
This investment will be used to help drive further growth for the Xpressbees platform and support the company's strong management team with their future ambitions, Xpressbess said Mumbai: Third-party logistics platform Xpressbees on Tuesday said it received an investment of USD...
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Public procurement from GeM portal crosses Rs 1 lakh crore so far this fiscal

PTI -
The Government e-Market (GeM) portal was launched on August 9, 2016, for online purchases of goods and services by all the central government ministries and departments New Delhi: Procurement of goods and services from government portal GeM has crossed Rs...
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How AI is transforming eCommerce logistics

Sanya Arora -
Artificial Intelligence is transforming several critical functions of eCommerce logistics to bring significant improvements in efficiency, accuracy, and cost-effectiveness New Delhi: “The more we can use robots to complete repetitive or distant tasks in highly predictable, structured environments, the more...
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E-CommercePTI -

Flipkart revises rate card structures for sellers

The revised rate card policy, effective May 18, 2024 includes a simplified rate card structure New Delhi: E-commerce platform Flipkart...
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