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

Amazon India to merge logistics and marketplace units to simplify operations

Amazon India has received interim approval from the National Company Law Tribunal (NCLT) to merge its logistics arm, Amazon Transportation Services (ATS), with its marketplace business, Amazon Seller Services. The decision is aimed at simplifying compliance, streamlining operations, and improving use of infrastructure and resources. ATS, which was launched in 2013, gets over 95% of its business from Amazon and recently started serving third-party clients. The merger aligns with Amazon's global strategy of integrating business verticals for better efficiency. Rival firms like Flipkart and Meesho are also strengthening their logistics capabilities, highlighting the importance of end-to-end control in e-commerce.Read more

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Invest UP, Northern Railway sign MoU to boost UP's logistics and industrial growth

Uttar Pradesh's Invest UP and Northern Railway's Lucknow Division signed an MoU to boost the state's industrial and logistics infrastructure. The agreement allows investors to lease railway land at a concessional rate of 1.5% of the industrial or circle rate for 35 years to develop warehousing and logistics facilities. Chief Secretary Manoj Kumar Singh highlighted that improved logistics, including seven operational expressways, will accelerate industrial growth. The MoU supports sustainable transport by requiring rail use for either raw materials or finished goods. This partnership aligns with the UP Warehousing and Logistics Policy 2022, offering incentives for projects investing over Rs.20 crore. Ongoing projects include the Dadri logistics hub and Varanasi's freight village.Read more

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Warehousing demand surges in India, pushing rents up 2-5% in Q1 2025

The warehousing sector in eight prominent Indian cities experienced a 2-5 per cent annual increase in average monthly rents during the January-March period, driven by strong demand, according to a report by Knight Frank India. Mumbai, the largest warehousing market, recorded a 5 per cent rise in rents to INR 24.7 per sq ft, while Kolkata saw a similar increase to INR 24.8 per sq ft. Ahmedabad, Pune, Delhi-NCR, Chennai, and Bengaluru registered rent growth between 3-4 per cent, while Hyderabad experienced a more modest 2 per cent rise. The report highlighted that the rent growth momentum, which began in 2021, has persisted due to inflationary pressures on construction materials and a tight supply scenario.Read more

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GreenLine, Shriram Finance partner to deploy LNG truck fleet in India

Essar Group's GreenLine Mobility Solutions has partnered with Shriram Finance to deploy a new fleet of LNG-powered trucks, as part of its ongoing efforts to promote sustainable logistics. The deployment was flagged off at Chakan, Pune, and marks a significant step in GreenLine's strategy to decarbonise India's transportation sector, which contributes nearly 15% of the country's carbon emissions. With a current fleet of over 650 LNG trucks serving key industries, the company plans to expand to 10,000 LNG and EV trucks, supported by a network of 100 LNG refuelling and EV charging stations nationwide. This initiative is expected to curtail carbon emissions by up to 1 million tonnes annually.Read more

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IWAI partners with Rhenus Logistics to strengthen multimodal cargo movement

Rhenus Group, a major player in European logistics, has signed a Memorandum of Understanding with the Inland Waterways Authority of India (IWAI), which is part of the Ministry of Ports, Shipping, and Waterways, to support multimodal cargo transportation across important national waterways. The collaboration will see Rhenus Group commencing scheduled barge operations aimed at enhancing inland waterway logistics. Union Minister Sarbananda Sonowal highlighted the initiative as a step towards creating a greener, cost-effective, and more efficient logistics network. The first phase will involve deploying 20 barges and six pushers, targeting the transportation of over one million tonnes of cargo annually by the end of 2025.Read more

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CCI Group to Invest INR 225 Cr in Grade A Warehousing Facility in Sohna, Gurugram

CCI Group has announced an investment of over INR 225 crore to develop a Grade A warehousing facility in Sohna-Silani, Gurugram, spanning 9.5 lakh sq ft. Equipped with FM2-grade flooring, RCC roads, and multiple loading points, the project is expected to generate 500+ jobs and boost the local economy. This follows a major INR 800 crore investment in a 2 million sq ft logistics park near Chennai. With growing infrastructure like the Delhi-Mumbai Expressway and increased real estate activity in south Gurugram, CCI's move aligns with its strategy to expand high-quality logistics infrastructure across industrial corridors and strengthen India's evolving supply chain network.Read more

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Samsung to invest INR 1,000 crore in Tamil Nadu plant to boost manufacturing capacity

Samsung is set to invest INR 1,000 crore to expand its Sriperumbudur facility near Chennai, reinforcing its commitment to India's manufacturing sector. The plant, which already contributes nearly 20% of Samsung's USD 12 billion India sales, will see modernization of production lines and increased job creation. This move follows a previous INR 1,600 crore investment in the state, as Samsung scales up mobile and consumer electronics output. The Sriperumbudur unit benefits from strong logistics and proximity to ports, aligning with Tamil Nadu's push to become an electronics manufacturing hub, alongside investments from global giants like Foxconn, Pegatron, and Tata Electronics.Read more

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UPEIDA seeks INR 486 crore to develop logistics clusters in three up districts

The Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) has requested INR 486 crore from the state industries department to develop integrated logistics clusters across Unnao, Agra and Aligarh districts. The funds will support basic infrastructure like roads, power, water, sewerage and security walls, across 344 hectares of land earmarked for manufacturing and defence-related companies. With 33 Integrated Manufacturing and Logistics Clusters planned statewide, this targeted investment aims at attracting global defence manufacturers to Uttar Pradesh's industrial corridors and fast-tracking land allotments to investors. Development is expected to bolster regional economic growth and meet rising demand for secure logistics hubs.Read more

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Crown Worldwide launches custom bonded warehouse in Mumbai

Crown Worldwide Group has launched a Custom Bonded Warehousing service in India through its Crown Workspace & Warehousing division. Located in Mumbai, the facility offers secure, duty-free storage for high-value imported goods, including luxury items, electronics, and industrial cargo. The ISO-certified warehouse features digital management, ESD-safe handling, and 24/7 surveillance. Clients benefit from deferred customs duties, flexible storage, and faster market access. Crown's new service aims to streamline import-export operations while bridging global logistics standards with local needs. With expertise in inventory tracking and customs management across 60 countries, Crown continues to enhance logistics support for modern businesses in India.Read more

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Steelcase inks 5-year lease for 1.27 lakh sq ft at Indospace Pune

Indospace has leased 1.27 lakh square-feet of warehousing space to Steelcase Asia Pacific Holdings at its industrial park in Pune. The lease, which began on January 29, is for a five-year term at a monthly-rent of INR 46.42 lakh, calculated at INR 36.37 per square-foot. The agreement includes two units, with Steelcase providing a six-month security deposit of INR 2.78 crore. According to the lease terms, the rent will increase by 5% annually. This transaction highlights continued demand for premium warehousing in key industrial hubs like Pune, reinforcing Indospace's position in India's logistics real estate sector.Read more

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