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Home > Warehousing

Delhi Cargo Service Center soars to new heights, records 900 tonnes of cargo handling in a single day

India’s industrial and warehousing leasing surges 63%: Report

Mumbai - India’s industrial and warehousing sector witnessed a robust 63% surge in leasing activity during the first half of […]

Milaha signs Strategic 5-Year Agreement with Qatar Airways Group to provide Integrated Logistics Services

Qatar - Qatar Navigation Q.P.S.C. (“Milaha”), A regional leader in maritime and logistics services and operator of the 432,000 square metre. […]

PSA Ameya Awarded as Best Service Provider from DHL and Expeditors

MUMBAI: PSA Ameya’s unwavering commitment to reliability and efficiency has earned the prestigious title of 'Best Service Provider' from both […]

DB Schenker to launch new warehouse for semiconductors in the Netherlands

India's logistics & warehousing sector sees rising growth in tier 2 cities

Mumbai: India's logistics and warehousing sector is evolving rapidly, driven by supportive government policies, infrastructure upgrades, technological advancements, and shifting […]

Demand for industrial, warehousing spaces hit record of 645 lakh sq ft in 2024: Savills India

January 20, 2025

Demand for industrial, warehousing spaces hit record of 645 lakh sq ft in 2024: Savills India

Mumbai - The demand for industrial and warehousing spaces reached an all-time high in 2024 at 645 lakh square feet […]

January 11, 2025

Allcargo Terminals renews partnership with Central Warehousing Corp (CWC) Mundra

Subsidiary Speedy Multimodes renews contract with Central Warehousing Corporation for six years Mumbai, January 10, 2025: Allcargo Terminals, a part of […]

Haryana Government approves extension of Logistics, Warehousing & Retail Policy Chandigarh - The Haryana government’s approval for the extension of the Haryana Logistics, Warehousing & Retail Policy, 2019, is expected to further boost investment in the sector, experts said. The Haryana Logistics, Warehousing & Retail Policy, 2019, offers various fiscal incentives to reduce the cost of doing business and promote investments in the logistics, warehousing, and retail sectors in the state. “Haryana’s government has always been proactive in supporting the warehousing industry, which is why the majority of warehousing in the NCR is concentrated in Gurgaon and surrounding areas. Over the last two years, the rise of e-commerce and Q-commerce has driven significant growth in land acquisition for warehousing and logistics. The extension of the policy will ensure this growth momentum continues,” said Mudassir Zaidi, Executive Director, North, at real estate consultancy Knight Frank India. The Haryana government’s policy aims to simplify regulatory procedures, develop cost-competitive multi-modal logistics, warehousing, and retail infrastructure, and upgrade human capital through initiatives to build a skilled labor pool for these sectors. The development is backed by incentives like capital and interest subsidies, stamp duty and EDC reimbursements, electricity duty exemptions, and capacity-building support. “The extension of the Haryana Logistics, Warehousing & Retail Policy, 2019, with its incentives to boost investment in multimodal logistics and warehousing development, will accelerate the mission to build an efficient logistics ecosystem in line with the PM GatiShakti initiative and the National Logistics Policy. These measures will not only strengthen Haryana’s position as a logistics and warehousing hub but also positively impact the logistics efficiency of the country,” said Suresh Kumar, MD, Allcargo Terminals Limited, an Allcargo Group company. “These policy decisions to incentivise investments in logistics infrastructure will set the stage for large-scale private investments in logistics development and enable logistics companies to play a greater role in driving economic growth,” Kumar added. The Logistics & Industrial (L&I) real estate leasing volume for 2024 is projected at 50–53 million sq ft, the third consecutive year exceeding this milestone, driven by the 2020 Production-Linked Incentive (PLI) scheme and robust growth in retail and e-commerce activity. The Department of Industries & Commerce is currently in the process of notifying the Haryana Logistics, Warehousing & Retail Policy, 2024. The 2019 policy, valid for five years, expired on March 8, 2024. The cabinet has extended the policy until December 31, 2024, or until the final Logistics, Warehousing & Retail Policy, 2024, is approved, whichever comes earlier.

December 31, 2024

Haryana Government approves extension of Logistics, Warehousing & Retail Policy

Chandigarh - The Haryana government’s approval for the extension of the Haryana Logistics, Warehousing & Retail Policy, 2019, is expected […]

IFC and NDR InvIT launch India’s first sustainability-linked bond for Warehousing sector

December 24, 2024

IFC and NDR InvIT launch India’s first sustainability-linked bond for Warehousing sector

New Delhi - In a groundbreaking move for India’s warehousing and logistics sector, International Finance Corporation (IFC) has invested $75 […]

Exim Transtrade (India) Pvt Ltd Celebrates 30 Years of Excellence in Global Logistics

December 20, 2024

Exim Transtrade (India) Pvt Ltd Celebrates 30 Years of Excellence in Global Logistics

Exim Transtrade (India) Pvt Ltd, a pioneer in global logistics solutions, proudly celebrates its 30th anniversary, marking three decades of […]

December 16, 2024

Allcargo Terminals ramps up Kolkata CFS capacity to meet rising rice exports in West Bengal

Kolkata, December 16, 2024: Allcargo Terminals, an Allcargo Group company that operates one of India’s widest CFS-ICD networks, has ramped […]

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