Kotak Mahindra Bank: RLLR: 0.75 | From: 8.7% - To: 10.5%
Union Bank of India: RLLR: 0.5 | From: 8.5% - To: 10%
Bank of Baroda: RLLR: 0.5 | From: 9.25% - To: 11%
HDFC Bank: RLLR: 0.75 | From: 8.5% - To: 8.8%

Warehousing & Logistics

Haryana to develop warehouse infrastructure at Hisar Airport for horticultural exports

The Haryana government has announced plans to establish advanced warehousing infrastructure at Maharaja Agrasen Airport in Hisar to facilitate the storage and export of horticultural produce. The initiative aims to preserve the quality and freshness of crops through controlled temperature storage, thereby boosting agricultural exports and enhancing farmers' income. The Haryana State Warehousing Corporation will oversee the development of modern cold storage and air cargo facilities at the airport, aligning with international standards to support the export of perishable items like fruits and flowers.Read more

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KSH Infra, WSB Real Estate raise INR 450 crore for 50-acre logistics park in Bengaluru

KSH Infra has secured more than INR 450 crore to develop a 50-acre industrial and logistics park in Bengaluru. The funding package includes equity from WSB Real Estate Partners and KSH Infra along with debt financing. Planned to deliver 1.25 million sq ft under a joint-venture structure, the project reflects both firms' commitment to expanding their industrial real estate presence across major Indian metros.Read more

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India's logistics costs drop to 7.97% of GDP in FY24: DPIIT

India's logistics costs have been officially pegged at 7.97% of GDP for 2023-24, marking the first structured estimate under a national framework developed by NCAER. The figure shows steady improvement from 8.84% in 2022-23 and 8.79% in 2021-22, countering earlier inconsistent estimates of 13-14% cited from external sources. The study, guided by the Asian Development Bank, will now be repeated biennially and shared with other nations as a model. Sector-wise, agriculture, mining, and manufacturing costs fell to 9.09%, while mode-wise coastal shipping remained cheapest at INR 1.80 per tonne-km. India has now narrowed its gap with developed economies, moving closer to the government's 6% target.Read more

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Crown Worldwide Group inaugurates green-certified logistics facility in Bengaluru

Crown Worldwide Group has launched its fourth owned facility in India at Ramasandra, Bengaluru, marking a key step in strengthening its presence in one of its top five markets. The 76,000 sq. ft. EDGE-certified green building is designed for advanced logistics operations, with over 57,000 sq. ft. dedicated to information management, storage for 900,000 cartons, and secure destruction zones. The facility also features dedicated areas for Crown Workspace and Crown Relocations, smart energy systems, and greenery covering 43 per cent of the site, highlighting the company's commitment to sustainable infrastructure and future-ready services.Read more

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Government upgrades logistics data bank for better export container and truck tracking

The government has rolled out an upgraded version of its logistics data bank, allowing real-time tracking of export containers at sea and domestic trucks on road and rail networks. Developed by NICDC Logistics Data Services (NLDSL), the system integrates multiple transport modes, providing a live container heatmap and multi-modal visibility. Officials say this will improve supply chain efficiency, reduce logistics costs, and enhance India's competitiveness in global trade. The upgrade complements ongoing initiatives, including the development of 12 industrial cities across ten states with planned investments of INR 28,602 crore.Read more

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IndoSpace launches 66-acre logistics park in Bhiwandi to strengthen supply chain infrastructure

IndoSpace has inaugurated a 66-acre logistics park in Bhiwandi near Mumbai, investing USD 57 million to provide both ready-to-use and build-to-suit facilities. The park is designed for sectors such as e-commerce, 3PL, FMCG, automotive, and electronics and incorporates green infrastructure aligned with ESG standards. Maharashtra, where IndoSpace has already invested USD 330 million, continues to grow as a key industrial and warehousing hub. The park's strategic location, including connectivity to the Mumbai-Nagpur Samruddhi Expressway, strengthens the regional supply chain network and is expected to create employment opportunities while supporting operational efficiency.Read more

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DP World opens modern warehouse for Mondelez India in Kochi

DP World has dramatically expanded its logistics footprint in India with a new Kochi warehouse for Mondelez India. Designed for over 4,000 pallet positions including dry and ambient storage, the facility strengthens supply chains and improves responsiveness to seasonal demand spikes. Integrating advanced infrastructure, skilled manpower, and end-to-end warehousing services, it ensures reliable and timely delivery of products. The new warehouse also reduces reliance on multiple vendors, cuts lead times, and reinforces service quality, highlighting DP World's role in building robust, integrated logistics solutions across India.Read more

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PSU Balmer Lawrie targets INR 6,000 crore revenue with logistics push

Balmer Lawrie is positioning its logistics vertical to become the top revenue contributor by 2030, expected to account for 45-50 per cent of total revenue, projected at INR 6,000 crore. Currently, the PSU anticipates revenue of INR 3,000 crore this financial year. Recent expansions include railway logistics with SAIL, a third-party logistics hub at Dankuni, and upcoming cold chain facilities. While focusing on logistics, industrial packaging, grease and lubricants, and travel and vacations, the company plans to exit refinery and oilfield services. Private ticketing services are also targeted for growth.Read more

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TCI expands in Kolkata with eco-conscious, tech-enabled logistics hub

Transport Corporation of India Limited (TCI) has announced the opening of a large warehouse in Kolkata, positioned as a strategic hub for Eastern and North-eastern India. The facility spans approximately 3 lakh sq. ft. across 10.5 acres and is designed to handle cross-border trade with Bhutan, Bangladesh and Southeast Asia. Equipped with cold-chain solutions, eco-friendly construction, robotics-compatible infrastructure and energy-efficient designs, it aims to serve sectors such as automotive, e-commerce, FMCG, retail and textiles while strengthening TCI's legacy in Kolkata.Read more

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Scan Global Logistics announces entry into Indian market with offices in key cities

Danish logistics operator Scan Global Logistics (SGL) has formally entered the Indian market, setting up operations in Chennai, Delhi, and Mumbai, with Mumbai serving as its local headquarters. The company stated that it intends to support both multinational corporations working in India and Indian businesses looking to expand overseas. The leadership team, drawn from leading logistics firms, will drive SGL's offerings in project and humanitarian logistics, alongside its global suite of supply chain services.Read more

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