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Searched Tag: logistics sector
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Delhivery jumps 6% to 52-week high after strong Q1 results

August 4, 2025, 11:44 AM - 2 min read

Delhivery reported a significant 67 per cent year-on-year (YoY) increase in its consolidated net profit, which stood at ₹91 crore for the quarter, compared to ₹54 crore in the same period last year.

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India gets $350M ADB loan for logistics sector reforms

India gets $350M ADB loan for logistics sector reforms

December 21, 2024, 06:16 PM - 2 min read

The Government of India and the Asian Development Bank (ADB) have signed a $350 million policy-based loan for the second subprogram of the Strengthening Multimodal and Integrated Logistics Ecosystem (SMILE) initiative.

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ADB approves $350M loan to boost India's logistics, exports

ADB approves $350M loan to boost India's logistics, exports

December 7, 2024, 05:16 PM - 2 min read

The Asian Development Bank has approved a $350 million loan to enhance India's logistics sector, supporting initiatives like PM Gati Shakti and the National Logistics Policy to modernise infrastructure, streamline processes, and integrate digital technologies.

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India's logistics costs to hit single digits in two yrs: Gadkari

India's logistics costs to drop to single digits : Gadkari

October 17, 2024, 02:30 PM - 2 min read

Union Road Transport and Highways Minister Nitin Gadkari said India's logistics cost will come down to a single digit of 9% within the next two years.

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India's logistics cost to drop to single digits in 5 yrs: Gadkari

India's logistics cost to drop to single digits in 5 yrs

September 19, 2024, 02:33 PM - 2 min read

Union Road Transport and Highways Minister Nitin Gadkari announced that India's logistics costs will fall to single digits within five years, emphasised plans to make India’s auto industry the global leader, and stressed the need to boost exports, reduce imports, and enhance farmer purchasing power.

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The Department for Promotion of Industry and Internal Trade (DPIIT) held a stakeholders meeting with industry and skill training centres on ways to increase women workforce in the logistics sector.

DPIIT's stakeholders meeting paves the way for women's inclusion in logistics sector

March 23, 2024, 09:26 PM - 2 min read

The consultation brought together over 50 professionals from a diverse group which included industry associations, MSMEs, large enterprises, skill training institutes, academia, bilateral and multilateral institutes to discuss and strategize the way forward for gender inclusivity in logistics.

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