Blue Dart Express Ltd reported a 30.8% rise in standalone net profit to INR 79.5 crore for the quarter ended 30 September 2025, with revenue from operations at INR 1,549 crore. For the first half of FY26, profit grew 12.6% to INR 126.43 crore, while sales rose 7.2% to INR 2,991.25 crore. The company credited its growth to network expansion, automation, and last-mile delivery enhancements. Managing Director Balfour Manuel said Blue Dart remains poised to benefit from GST 2.0 and rising logistics demand. The firm also launched a Digital Account Opening platform and inaugurated a Green Integrated Ground Hub in Haryana, highlighting its focus on digitalisation, sustainability, and scalable logistics infrastructure.Read more
EXELmoto, the electric mobility brand supported by Suniel Shetty, KL Rahul, Ahan Shetty, and Akshai Varde, has announced a major expansion with the launch of its B2B logistics division in partnership with Delhivery India Limited. The company also introduced 'Scoot' a license-free electric cycle designed for everyday convenience, especially targeting women and elderly riders. Following strong preorder demand for its personal mobility bikes, EXELmoto aims to strengthen its manufacturing capacity, scale production, and extend its presence across domestic and international markets.Read more
Transport Corporation of India Ltd. (TCI) reported a strong financial performance for the second quarter of FY2026, reflecting consistent growth across revenue, EBITDA, and profit after tax. Consolidated revenue grew by 8% year-on-year, supported by steady demand in the automotive, FMCG, and consumer durables sectors. The company attributed the results to its strategic focus on multimodal logistics, automation investments, and expanding warehousing capacity, alongside ongoing sustainability initiatives such as alternative fuel adoption and clean energy integration.Read more
Celcius Logistics has partnered with Switch Mobility, the electric vehicle division of Ashok Leyland, to introduce India's largest electric refrigerated vehicle (reefer) fleet under its new vertical, 'Celcius Green'. The initiative involves an investment of INR 100 crore and will deploy 350 electric light commercial vehicles (eLCVs) for temperature-controlled last-mile deliveries. The fleet, already partially deployed, will operate across New Delhi, Mumbai, Bengaluru, and Hyderabad, serving sectors including dairy, pharmaceuticals, seafood, and frozen foods, with future expansion plans. Advanced EV technology ensures efficiency, transparency, and minimal transit losses.Read more
Leasing of industrial and warehousing spaces across eight major Indian cities increased by 28% during the January & September period this year, reaching a record 37 million sq ft, according to CBRE. Delhi-NCR led with 11.7 million sq ft, followed by Bengaluru with 5.7 million sq ft and Hyderabad with 4.6 million sq ft. Together, these cities accounted for nearly 59% of the total leasing. The sector also saw 23.8 million sq ft of new supply, largely contributed by institutional developers in Bengaluru, Chennai, and Mumbai.Read more
Bengaluru-based drone logistics firm Airbound raised USD 8.65 million in a seed funding round. The capital injection was led by Lachy Groom and saw participation from Humba Ventures, Lightspeed Venture Partners and senior executives from Tesla, Anduril and Ather Energy. Airbound intends to deploy these funds to scale its autonomous drone operations, particularly in sectors such as healthcare, where it recently initiated a pilot with Narayana Health. The startup aims to revolutionise last-mile delivery costs via automation.Read more
Allcargo Logistics has received approval from the National Company Law Tribunal (NCLT) for its Composite Scheme of Arrangement, which involves demerging its international supply chain business into a new listed entity, Allcargo Global Limited. The domestic express and contract logistics businesses, currently operating under Allcargo Gati, Gati Express & Supply Chain, and Allcargo Supply Chain, will be consolidated under Allcargo Logistics Limited. Shareholders will receive shares in the new entity on a 1:1 basis. This restructuring aims to enhance operational focus and strategic clarity.Read more
NDR InvIT Trust, listed on the NSE, announced the acquisition of MLG Warehousing and Industrial Park in Lucknow, Uttar Pradesh, valued at around INR 143.9 crore. The Grade-A facility, spanning nearly 4.63 lakh sq ft of leasable area across 21 acres, marks the Trust's entry into Lucknow's logistics market. The property is 98% occupied by clients from the FMCD, logistics, retail, and paint sectors, enhancing NDR InvIT's growing nationwide logistics portfolio.Read more
Container Corporation of India Ltd. (CONCOR) and UltraTech Cement Ltd. have entered into a strategic partnership to transition bulk cement transportation from road to rail. The collaboration leverages CONCOR's rail network to move cement over long distances, reducing road congestion and fuel consumption. By relying on rail, the companies aim to cut carbon emissions, enhance supply chain efficiency, and lower transportation costs. This initiative aligns with India's broader push for green logistics and sustainable freight solutions, setting an example for heavy industries nationwide.Read more
Blue Dart Express has launched a Digital Account Opening platform that enables businesses to open accounts and start shipping in just 10 minutes. The process includes profile creation, plan selection, KYC verification, Aadhaar-based agreement signing, and prepaid card recharge. Once onboarded, companies can use the Digital Prepaid Card to ship goods immediately. The platform also allows selection of predefined shipping plans or customized plans based on business needs. Designed to reduce onboarding time from days to minutes, this initiative aims to simplify logistics for MSMEs, e-commerce sellers, and growing enterprises across India.Read more