Shaking the logistics and supply chain industry, COVID 19 has disrupted the wheels of the economy. Therefore, it is expected to take at least a year for activities to resume to pre-pandemic levels and until the end of next year for any growth.
Correspondents in the e-commerce industry believe that the transaction volumes in verticals will be higher than the pre-COVID levels by September 2020.
UP, MP ease labour laws: India needs to ride this wave focussing on employee health, safety and correct 'miserable' record in this matter
Labour regulations such as 8 hours work days were brought in after years of protests against exploitation.
Lockdown 3.0: From laptops to apparels, people place orders online for non-essential items; staff crunch may delay deliveries
From laptops to apparels, people logged on to e-commerce platforms like Amazon, Paytm Mall and Snapdeal on Monday to place orders for non-essential items
Logistics platform Loadshare Networks has raised Rs 100 crore in Series-B funding from investors led by Beenext, with participation from the CDC Group of Britain and existing investors like Matrix Partners India, Stellaris Venture Partners and Alteria Capital
Amazon Partner Support Fund follows the recent announcement of the global $25 million Amazon Relief Fund (ARF) in India.
Hotels, hospitality sectors severely hit by COVID-19; India may get increased share of manufacturing, logistics business: Report
Industry estimates indicate that in India, branded and organised hotels annual revenue is Rs 38,000 crore, it added.
Coronavirus Outbreak: Which sectors will bounce back, which will take time post-lockdown, experts weigh in
Sectors that depend on people's behaviour would take the longest time to recover after the end of the lockdown period, while those curbed by the government to contain the spread of coronavirus are set for a bounce-back immediately after the restrictions are removed, say experts
Allcargo Logistics becomes single-largest shareholder in Gati after it acquires nearly 13% stake in courier delivery services firm
Allcargo had acquired 27 lakh shares in Gati in the previous week through open market purchases.
The commerce and industry ministry has advised e-commerce companies to gradually slash single-use plastic in packaging of products being sold through their platforms
Flipkart, Amazon could generate up to $6 billion or Rs 39,000 crore in sales this festive season: Redseer
E-commerce companies are estimated to have registered sales of close to $3 billion or Rs 19,000 crore, up 30 percent from last year
Most big delivery firms, like Amazon, employ their drivers via small and medium-sized subcontracted firms.
Govt relaxes FDI rules in four sectors; move brings goodies for global firms holding on decisions to invest
On permitting FDI in contract manufacturing, Commerce and Industry Minister Piyush Goyal said the move would help in getting into the global value chains.
Supply chain professionals can use blockchain technology to gather and use tracking data in new ways.
Ministries of commerce, road, civil aviation and railways should work in coordination with an aim to cut the logistics cost to 9 percent of GDP from the current 14 percent, Union Minister Piyush Goyal said on Thursday
The government's focus to improve logistics, ease of doing business and modern trade infrastructure will help exports to touch USD one trillion in the next three years, exporters body FIEO said on Tuesday
Total stock of warehousing space to reach 344 million sq ft in four years in 8 cities: JLL India report
The demand or absorption for warehousing space clocked an unprecedented 63 percent year-on-year growth
Narendra Modi govt's 100-day agenda: Commerce ministry proposes to create separate department for logistics
Currently, there is no single department to look at all the aspects related to logistics covering various modes of shipment such as sea, roads and railways
Maruti has an envious 50 percent share and is more vulnerable to the charge of harming consumer interest
Uber is set to price its $10 billion IPO on 9 May, seeking a valuation of up to $90 billion