IndoSpace Core, the joint venture between IndoSpace and CPP Investments, expanded its portfolio earlier this week by acquiring six industrial and logistics parks valued at INR 3,000 crore. The assets, spread across major logistics hubs including Bengaluru, Chennai, Delhi, Mumbai, and Pune, cover 380 acres and offer nearly 9 million sq ft of leasable space. CPP Investments committed INR 1,400 crore to fund the deal, which reinforces the JV's position as India's largest operator of stabilised logistics real estate. Executives from both organisations said the sector's growth is supported by rising urbanisation, manufacturing activity, and sustained institutional confidence.Read more
Mahindra Logistics has set up an all-women operated warehouse in Indore in collaboration with L'Oreal India, serving central India markets like Bhopal, Jabalpur, and Indore. The facility aims to streamline distribution, reduce transit times, and improve service reliability for L'Oreal's wide range of products. Using MLL's warehouse management system, the warehouse ensures strong inventory control and optimised operations. The initiative underscores both companies' commitment to inclusion, diversity, and gender parity, highlighting the growing emphasis on women's empowerment in corporate India.Read more
Delhivery has inaugurated its sixth all-women distribution centre in Kochi, Kerala, enhancing its nationwide network of women-focused hubs. The facility includes secure rest areas, changing rooms, ergonomic workspaces, safety measures, and flexible schedules, and can process over 1,000 parcels daily. This step is part of Delhivery's ongoing strategy to increase female participation in the logistics sector. Senior leadership emphasized that women employees contribute to discipline, accountability, and improved service quality. The move reflects the company's commitment to inclusive and efficient operations.Read more
The Ministry of Skill Development and Entrepreneurship (MSDE) has launched a logistics training centre at the National Skill Training Institute in Hyderabad to meet rising workforce requirements in the logistics industry. The centre includes simulation labs for truck-driving, warehouse activities and forklift operations, supported by a curriculum created with the Logistics Sector Skill Council and industry partners. The model builds on a pilot that began in Chennai in January 2024. The initiative is part of MSDE's broader plan to strengthen sector-specific training in line with the National Logistics Policy and PM Gati Shakti.Read more
Casagrand Industrial & Warehousing has partnered with Blackstone to develop two industrial and logistics parks across 154 acres in Sriperumbudur, Chennai, with an investment of around INR 700 crore. The project will create 4.2 million sq ft of Grade A industrial and warehousing space for e-commerce, 3PL, and manufacturing clients. Casagrand has previously delivered 6 million sq ft and has a 15 million sq ft pipeline. Construction will begin soon in phases and is expected to finish within 24-30 months, targeting a gross development value of INR 1,500 crore. Pre-leasing commitments are already underway.Read more
Pidge has raised INR 120 crore in a funding round led by LVEC, signaling strong investor confidence in its rapid growth and scalable operations. The company reports a tenfold year-on-year growth, an annualized run rate of INR 250 crore, and robust margins. The funds will support expansion into Tier 2 and Tier 3 cities, further AI-driven technology innovation, organizational capability building, and international pilot programs. Serving over 20,000 brands, Pidge aims to digitally equalize last-mile logistics and maintain its position as India's largest interoperable logistics platform.Read more
A large industrial and logistics park by XSIO, being developed in partnership with Blackstone and the Maharashtra government, is coming up along the Samruddhi Expressway near Nagpur. With a committed investment of INR 5,127 crore, the park is projected to generate more than 10,000 direct and indirect jobs. Built in phases and designed around sustainability and smart infrastructure, the project aligns with the state's push for modern logistics centres under its logistics policy. The development also supports Nagpur's growing role as a logistics hub.Read more
Kerala has asked Kerala Agricultural University (KAU) to transfer five acres of land at its Coconut Research Station in Balaramapuram to Kerala State Industrial Enterprises (KSIE) for a logistics hub meant to support Vizhinjam Port. The land lies about 5.4 km from the port gate and is suitable for container truck access. KSIE's plan includes more than 50,000 sq ft of warehousing, a container freight station, internal roads, offices and value-added logistics facilities. Earlier this year, KSIE had requested 15 acres, and government departments have begun reviewing the proposal.Read more
Flipkart has expanded its electric vehicle (EV) fleet to over 20,000 units, doubling its size within a year. The company stated that more than 70% of its grocery deliveries are now completed through EVs. As part of its commitment under the Climate Group's EV100 initiative, Flipkart has also started a pilot project for long-haul electric trucks in partnership with Golden Aero Logistics. The pilot, conducted on the Delhi-Jaipur route using a retrofitted Kalyani truck, will assess performance, charging efficiency, and turnaround times.Read more
The Comptroller and Auditor General (CAG) has established an Integrated Audit Group to conduct a coordinated audit of India's key infrastructure sectors-railways, ports, shipping, and waterways-in collaboration with IIM Mumbai. The audit evaluates how effectively multi-modal transport and logistics systems support national economic goals, focusing on connectivity, infrastructure alignment, and performance under the National Rail Plan 2030. It will also review India's logistics costs, which currently stand at 7.97% of GDP, and identify areas for optimisation. Additionally, the CAG will assess the Indian Railways e-procurement system for governance and IT gaps. The findings are expected to inform future policy and strengthen India's logistics efficiency and competitiveness.Read more