The warehousing and logistics asset class could be among the fastest to recover from the coronavirus crisis, a report says, citing an expected increase in domestic demand and possibility of global firms shifting manufacturing to India to de-risk supply chains as reasons. The Welspun One Logistics Parks (WOLP) report estimates that the warehousing and logistics…
Hopes of a controlled restart to industrial production are bedevilled by uncertainty over logistics, even as India heads for a phased exit from the lockdown that began on 25 March. Given the crippling shortage of workers and trucks, and skeletal air cargo operations, the industry is staring at an uphill task, even as curbs begin…
Rotten pomegranates, unsold garments mark the ‘worst time’ for Indian exports Labour and logistics’ issues are making it overwhelmingly difficult for export operations to resume from the country. The steep rise in logistic costs has only added to the problem. Lockdown 3.0 was expected to bring in some respite after restarting of economic activity in…
Logistics sector to lose Rs 50,000 crore due to lockdown; relief package needed: Industry body ICC “With the lockdown extended to May 3, the cumulative loss estimate is as high as Rs 50,000 crores with the highest loss coming from the Aviation Sector, followed by the Roadways, in terms of lost Toll Taxes and Goods…
This has been lower than the previous first quarter of last three years (2017 – 2019) demonstrating a contraction of approx due to nationwide lockdown. India’s Industrial and logistics real estate quarterly demand dropped by 30% in the first quarter of 2020, according to JLL’s latest report “COVID-19: Industrial & Logistics Sector in India. Impact…