India Inc. - Of the New and the Mighty
There seems to have been a lot of positive trends across the Indian economy, and the same trickles down the supply chain and logistics sector too. One may say that 'ache din' may finally be here. There are expansions and launches and inductions and much more that the industry witnessed as September took an exit. Let's take you on a dive into what's making us glee. Read on!
Hoping to speed up clearances of infrastructure projects and bring a better coordination in line with the PM Gati Shakti plan, the government is looking at consistent and seamless exchange of logistics data across different ministries by November. "We are reconciling the complete legacy data so by the first week of November actually, everything would be shifted to this," Department for Promotion of Industry and Internal Trade (DPIIT) secretary Anurag Jain told the media. While PM GatiShakti National Master Plan aims for integrated infrastructure development, the National Logistics Policy seeks to bring efficiency in logistics services.
A brainchild of the NITI Aayog, the NICDC has taken charge of developing this platform by bringing all the milestones under ULIP, to help the logistics sector grow exponentially.?Intugine has emerged as one of the early companies to integrate with the ULIP initiative to realise its true potential. The company has successfully integrated with the IT systems of various ministries, state departments, governing bodies, and private service providers. Intugine now has an improved real-time multimodal visibility solutions.
Pitney Bowes Inc., released the new?Parcel Shipping Index?featuring 2021 data from 13 major markets around the world.?The Index reveals that India saw a 7% increase in parcel volume growth from 2.5 billion in 2020 to 2.7 billion in 2021. It generated USD 5.25 billion in 2021 from USD 3.98 billion in 2020, recording the second highest revenue growth of 32%, after Sweden at 38%, across 13 major markets for which data was gathered during the survey.?
The newest Indian airline will deploy the SmartKargo solution for air cargo management system across all functional areas of its cargo business. The new state-of-the-art platform will allow Akasa Air to launch its cargo business and meet its goals today and tomorrow with advanced technologies such as business intelligence, real-time information, and machine learning. The solution will interface seamlessly with the airline's other systems and third-party providers via APIs - for fast integration and deployment.
Decarbonizing its road fleet in India, A.P. Moller Maersk is switching to electric vehicles for transporting cargo to customers as the integrated logistics company aims to become net zero by 2040. Maersk in the first phase will deploy its electric-powered vehicles across Tier I cities with a focus on an overall radius of 100km. The deployment will be for B2B middle mile distribution.
领英推荐
Amazon India has expanded their 4 hour delivery from 14 cities and towns last year to 50 recently. The facility applies to categories like consumer electronics, books, toys, media, kitchen, luxury, sports, video games, and personal care equipment, among others. Amazon India launched their same day delivery in India back in 2017. This facility will also be expanded to places in Surat, Mysuru, Mangalore, Bhopal, Nashik, Nellore, Anantapur, Warangal, Ghaziabad, Faridabad and Patna.
Mumbai has recorded warehousing transaction of 8.6 mn sft in FY 2022 as compared to 5.8 mn sft in FY 2021, a 48% YoY increase. This is the highest warehousing transaction in the last six years, says a study. As per a report from Knight Frank India, this is largely on account of an escalation in demand for warehouses post the second wave of Covid 19, which had brought decision making to a standstill. With respect to industry-split of transaction volumes, third-party-logistics (3PL) shines as the largest demand driver for warehousing, and E-commerce emerged as the second largest demand driver.
BLR Airport continues to hold the position as the No.1 airport for handling perishable shipments from India, by recording 52,366 Metric Tonnes (MT) of perishable shipments in FY 2021-22, compared to the previous year’s 48,130 MT. BLR Airport handles 41% of South India’s air-cargo perishable tonnage, making it the leading airport for perishables in India. Major segments driving this growth are fruits and vegetables along with the export of poultry and flowers. Doha emerged as the leading destination, and a total of 33 cargo freighter airlines transported perishable shipments from BLR Airport to 85 international destinations in FY’22.
The Union Civil Aviation Minister Jyotiraditya Scindia met with State Secretary of Germany Stefan Schnorr and signed a MoU for the provision of coterminous rights for cargo aircraft, in Montreal, thereby, confirming International Civil Aviation Organisation (ICAO)'s alignment with International Solar Alliance. The?International Solar Alliance?(ISA) is an alliance of 121 signatory countries,?most being?sunshine countries, and its primary objective of the alliance is to work for efficient consumption of?solar energy?to reduce dependence on?fossil fuels.
IndiGo announced the induction of its first freighter aircraft, converted from a passenger plane. The induction of A321 P2F (passenger to freighter) will help the airline offer cargo services on both domestic and international routes between China in the east and the Gulf in the west, as well as the CIS countries to the north. As per IndiGo the same pool of pilots and engineers that fly and service its current fleet will be utilised for the cargo plane.
The Open Network for Digital Commerce (ONDC), after 4 months of being in Pilot Phase, has finally gone live for Beta Testing in Bengaluru. Consumers in Bengaluru can now shop from multiple categories of products and services from a single buyer application of their choice. They can place their orders in two domains - groceries and restaurants - through any buyer apps participating on the ONDC network. Currently, Mystore, PayTM, and Spicemoney are available as buyer apps on ONDC.
Research focused on cargo throughput in urban & regional environments. "Feeder Logistics"
2 年Don't stop there. There is a massive amount of excess capacity in global track systems that can contribute huge fixed revenues, ( & multiplier effects), from a cargo-parcel "Feeder" service linking upstream DCs, FTZs, CFSs, etc., & endless downstream road "Feeder" vehicles & high-speed transfer points, taking advantage of line-balancing strategies not available to any other transport vehicles. Excess capacity is available track time between trains or trams, a part of "sunk" cost & "opportunity" cost. Required: "Trunk-Feeder" trains, & "City-Feeder" trams: (a) Refurbished, &/or new, cargo wagons & strategically placed, high-speed, transfer points not linked to passenger operations. (b) Standardized, "Feeder-Roll" carts with (RFIG/IoT/AI) options, including non-motorized, cold-chain, for ease of handling, linking all points.