Premier technology-driven logistics company, Spoton has announced the addition of supply chain solutions including service parts logistics to its service portfolio.
Having spent close to a decade in India’s logistics sector, the company is all set to offer end-to-end integrated express logistics and supply chain solutions to businesses across industry verticals.
The complete suite of supply chain services will allow Spoton to execute factory inbound, end-customer distribution and in-plant operations in complex environments. The solution will encompass integrated warehousing, long-haul transportation, local redistribution part-load movements, mission-critical service parts deliveries, asset recovery, and other value-added services integrated through seamless next-generation technology.
Commenting on the development, Abhik Mitra, Managing Director, Spoton Logistics stated, “Since 2012, we have continued to be one of the most preferred express and road transport logistics providers to many large and mid-scale companies in India, counting some of the best in business as our clientele. We are thrilled to embark on this journey of becoming a one-stop solution to our existing clients as well as opening new avenues of growth by acquiring new customers.”
With its unmatched service and state-of-art delivery optimisation software, Spoton currently enables over 5,500 customers in industry verticals such as hi-tech, automotive, engineering, pharmaceutical, electronics & electricals, and fashion retail and e-commerce with its cost-effective and reliable logistics services.
To replicate the success of its express logistics solutions, the company has made significant investments into expanding its supply chain business over the last couple of years. With this expansion, Spoton will now offer complete supply chain solutions comprising core logistical activities as well as value-added services including inventory management, packaging and labelling, line-feeding, original equipment and spares distribution, assembly, after-sales support, as well as reverse logistics.
“We had been seeing heightened interest for supply chain solutions especially across verticals such as Automotive, Engineering, Infrastructure, Apparel & Lifestyle, Telecom, Hi-tech, Medical devices, and FMCD. The acquisition of Raag Technologies & Services—a Chennai-based third-party logistics company in early 2020 was a strategically-timed move to expand our services. With this, we hold a great clientele backed by extraordinary capabilities for our supply chain business and are certain to grow this business line with an average CAGR of 70% in the next couple of years,” Mitra added.
Becoming a one-stop solution for all logistics needs, Spoton is fully equipped with its state-of-the-art technology infrastructure along with the widest network reach covering 22,000+ pin codes across 350+ locations. The company also aims to expand its team size from the current 1,800 to about 2,500 in the next one year.
The Federation of Freight Forwarders’ Associations in India (FFFAI) held its 6th EC Meeting for the term 2021-23 on May 27 and 28 in Bengaluru. The meeting was attended by the Office Bearers and 28 Member Association representative of FFFAI from across the country, there were many issues discussed and updates provided concerning customs, CBLR, EDI, Service Tax/GST, logistics, air cargo, sea cargo, skill development,importance of social media which FFFAI has expanded recently, technology developments, etc. The special focus of the 6th EC meeting was the updates on forthcoming 24th Biennial Convention of FFFAI to be held from August 12 to 14, 2022 in Chennai with the theme LOGISTICS RESHAPE, EMBRACE AND SURGE IN THE DIGITAL ERA. At this EC meeting, FFFAI also implemented Digital Learning platform for members and next generation for e-learning. It has been decided that FFFAI would initiate FIATA eFBL here in India to benefit the trade, which empowers customs brokers, freight forwarders and logistics service providers. In addition, updates on the recently held FIATA HQ Meet was also provided by the concerned members of FFFAI. FFFAI members present at this EC meeting stressed upon enhancing productivity on ICEGATE for trade facilitation and Ease of Doing Business. The FFFAI members also urged for creating a dedicated portal for LSP integration. As regard to skill development initiatives, IIFF’s (training arm of FFFAI) past and forthcoming training programmes (both online and classroom/physical) for the entire logistics industry were presented at the EC meeting. In addition, FFFAI’s various initiatives on capacity building through technology/IT also discussed withadequate importance. Recent activities of FFFAI Women’s Wing including organising interactive meetings with Government of India officials and industry experts were highlighted at this meeting which drew huge appreciation from the members. The members committed to expand the activities of the Women’s Wing in all the 28 member association locations to empower/encourage the women logistics practitioners. At this EC meeting FFFAI has signed an MoU with the National Institute of Industrial Engineering (NITIE) with an objective of skilling the aspiring candidates looking for opportunities in the logistics sector. Notably, a special session was organised at this 6th EC Meeting where N Sivasailam, former Special Secretary (Logistics), Ministry of Commerce, Government of India was present to address the FFFAI members and highlight the recent initiatives of the government in strengthening the logistics infrastructure, thereby leading in increase of international trade through multimodal connectivity and faster cargo clearance. He projected the ambitious growth potential of the logistics industry in India with a strong collaboration between government and industry people. Also speaking on the occasion was Bani Bhattacharya, IRS, who interacted with members of FFFAI on various initiatives of CBIC for the trade facilitation without human intervention. FFFAI Chairman Shankar Shinde thanked all the 28 associations for their support and appreciated the contribution of CBIC/DG systems trade facilitation measures. FFFAI Member Associations are: 1. Ahmedabad Custom Brokers' Association2. Aurangabad Customs House Agents Association3. Association of Custom House Agents Thiruvanthapuram4. Bangalore Custom House Agents Association5. Brihnamumbai Custom Brokers Association6. Calcutta Customs House Agents Association7. Chennai Customs House Agents Association8. Cochin Customs Brokers' Association9. Coimbatore Customs House and Steamer Agents Association10. Custom Brokers Association Hyderabad11. Delhi Customs Brokers Association12. Goa Custom Brokers Association13.Indore Customs House Agents Association14. The Kakinada Customs Brokers Association15. Kandla Custom Brokers Association16. Kanpur Customs Brokers Association17. Ludhiana Customs House Agents Association18. Mangalore Customs House Agents Association19. Mundra Customs Brokers Association20. Nagpur Customs House Agents Association21. Nashik Customs House Agents Association22. Nadia Custom Brokers Association23. Pipavav Custom Brokers Association24. Pune Customs House Agents Association25. Rajasthan Customs House Agents Association26.Tuticorin Custom Brokers Association27.Visakhapatnam Cusotms Brokers' Association28.West Bengal Custom House Agents Society FFFAI welcomes Women in Logistics/Youth in Logistics to participate on FFFAI forums and also invites membership application form logistics service providers in industry as this is a big national and international forum to network.
Ecom Express Limited, India’s sole pure-play B2C e-commerce logistics provider as of the Financial Year 2024, has introduced a new brand identity, underscoring its commitment to customer-centricity. This rebranding reflects a focus on addressing specific customer needs, prioritising customer-facing metrics, and integrating innovative technology across its nationwide express logistics network. The goal is to enhance speed, agility, and network reach, ensuring a customer-focused approach. The rebranding includes a dynamic logo and a refreshed visual identity, symbolising Ecom Express’s pursuit of excellence. The new logo features a forward-moving arrow within a square, representing the company’s dedication to delivery. The letter "E" in the logo stands for Expression, Innovation, and Progress, while the bold magenta colour signifies bravery, self-expression, and strength. This vibrant magenta reintroduction reflects Ecom Express's renewed commitment to customers, partners, and team members, as the company aims to simplify and democratise logistics for all. Ajay Chitkara, CEO and MD of Ecom Express, elaborated on the transformation, stating, “Our refreshed brand identity reaffirms our customer-first approach as we continue to integrate technology and innovation to provide reliable, high-speed services with the widest network reach. This transformation also underscores our commitment to our employees and delivery partners, who are essential to our business.” The new logo embodies Ecom Express’s dedication to its core values, focusing on customer welfare and fostering a diverse, inclusive environment. This rebranding signifies a promise to redefine logistics through advanced technology, making life easier for all types of customers.
ESR India, the largest APAC focused industrial and logistics real estate platform, has inked a Memorandum of Understanding (MoU) with the Government of Tamil Nadu for a potential investment of INR 550 crores. The MOU is signed for the launch of two industrial parks in Kancheepuram and Krishnagiri districts of the state over the next five years. Once fully operational, the two projects have the potential to create over 4,400 jobs in the facility, that shall boost the overall socio-economic growth in the region. The MoU was signed at the Investment Conclave 2021 conference held today. It will facilitate ESR India’s proposed investment at Kancheepuram and Krishnagiri industrial parks by helping in streamlining land acquisition, approvals, clearances, and administrative processes as per existing policies, rules, and regulations of the Government of Tamil Nadu. The policy and regulatory reforms unveiled in recent times has accentuated the entry of international institutional players and has set new benchmarks for industrial developments in the country. Commenting on the development, Abhijit Malkani, CEO and Country Head, ESR India said, “We are delighted to announce our affiliation with the state government. The Government of Tamil Nadu has been very supportive in encouraging industrial developments in the state by creating a favourable business climate for industrial players. The MoU will see ESR invest INR 550 crores to develop industrial parks in Tamil Nadu, offering 1,800 direct and 2,600 indirect job opportunities in the facility.” “Our goals are aligned with the vision of the Tamil Nadu government, to create avenues to increase business and trade inclusion opportunities and employment towards garnering better economic growth in the region,” he further stated. ESR India is currently present across 9 cities and 15 locations with a total GFA of 18 mn sq ft. These state-of-the-art facilities will be developed upholding the best practices for ESG and sustainability.
The Uttar Pradesh government is set to develop a multi-modal logistics hub (MMLH) in Greater Noida’s Dadri, investing Rs 7,064 crore to support its $1 trillion economy goal. This hub will cover 823 acres, with a core development area spanning 455 acres. Key developments include commercial and administrative facilities over 17.5 acres, a rail yard, and other projects across 350 acres. Under Chief Minister Yogi Adityanath’s directives, a detailed action plan has been designed to expedite these initiatives. The Dadri MMLH aims to become a world-class freight handling facility, functioning as a dry port to ensure the swift transit of goods and raw materials. This project is poised to be India's largest logistics hub. Located on the eastern and western dedicated freight corridors, it will serve as a central hub for container handling, warehousing, cold storage, processing, de-stuffing, stuffing, and value-added packing. Providing seamless rail connectivity, the hub will feature rail platforms, customs clearance facilities, cargo segregation areas, truck parking zones, and extensive green spaces. The project is being developed under the Public-Private Partnership (PPP) model, supervised by the Greater Noida Industrial Development Authority and adhering to the guidelines of the National Industrial Corridor Development and Implementation Trust (NICDIT). The Greater Noida Industrial Development Authority has prepared the Master Detailed Project Report (DPR) for constructing the approach track and Rail Over Rail (ROR) bridge from New Dadri station to the MMLH boundary. The Dedicated Freight Corridor Corporation of India (DFCCIL) has approved the DPR for railway tracks and terminal stations within the MMLH. Additionally, the tender documentation for land acquisition and signaling processes for the approach track has been finalized. Concurrently, the development of trunk infrastructure, including boundary work, roads, canals, bridges, utility relocation, and water and power supply, is progressing through various phases.
The Uttar Pradesh government is set to develop a multi-modal logistics hub (MMLH) in Greater Noida’s Dadri, investing Rs 7,064 crore to support its $1 trillion economy goal. This hub will cover 823 acres, with a core development area spanning 455 acres. Key developments include commercial and administrative facilities over 17.5 acres, a rail yard, and other projects across 350 acres. Under Chief Minister Yogi Adityanath’s directives, a detailed action plan has been designed to expedite these initiatives. The Dadri MMLH aims to become a world-class freight handling facility, functioning as a dry port to ensure the swift transit of goods and raw materials. This project is poised to be India's largest logistics hub. Located on the eastern and western dedicated freight corridors, it will serve as a central hub for container handling, warehousing, cold storage, processing, de-stuffing, stuffing, and value-added packing. Providing seamless rail connectivity, the hub will feature rail platforms, customs clearance facilities, cargo segregation areas, truck parking zones, and extensive green spaces. The project is being developed under the Public-Private Partnership (PPP) model, supervised by the Greater Noida Industrial Development Authority and adhering to the guidelines of the National Industrial Corridor Development and Implementation Trust (NICDIT). The Greater Noida Industrial Development Authority has prepared the Master Detailed Project Report (DPR) for constructing the approach track and Rail Over Rail (ROR) bridge from New Dadri station to the MMLH boundary. The Dedicated Freight Corridor Corporation of India (DFCCIL) has approved the DPR for railway tracks and terminal stations within the MMLH. Additionally, the tender documentation for land acquisition and signaling processes for the approach track has been finalized. Concurrently, the development of trunk infrastructure, including boundary work, roads, canals, bridges, utility relocation, and water and power supply, is progressing through various phases.
Leasing in the industrial and logistics (I&L) sector reached an all-time high of 39.5 million square feet in CY 2024 across the top eight cities, a remarkable milestone driven by a substantial supply addition of 38.6 million square feet, according to the latest report by CBRE South Asia Pvt Ltd, titled ‘CBRE Industrial & Logistics Figures H2 2024.’ The report emphasises the continued momentum in leasing, with strong activity across various regions. Notably, Delhi-NCR, Bengaluru, and Kolkata were the leading contributors, together accounting for almost 60 per cent of the total leasing activity during the year. Mumbai, Chennai, and Bengaluru stood out in terms of supply addition, collectively contributing to over half of the new space in CY 2024. The report identifies third-party logistics (3PL) players as the dominant force in space take-up, with these firms accounting for 41 per cent of the leasing activity. Additionally, engineering and manufacturing companies maintained a strong presence, with an 18 per cent share in the overall space absorption. Interestingly, the space uptake was predominantly driven by smaller transactions, with those under 50,000 square feet representing 43 per cent of the total leasing volume. Medium-sized transactions (ranging from 50,000 to 100,000 square feet) and larger transactions (exceeding 100,000 square feet) each comprised 28 per cent of the total activity. Anshuman Magazine, Chairman and CEO of CBRE for India, Southeast Asia, Middle East & Africa, highlighted the resilience of the I&L sector amidst global economic uncertainties, predicting further growth in 2025. He anticipates that in-city warehousing and the quick-commerce model will play an increasingly significant role, with Delhi-NCR, Kolkata, and Bengaluru expected to lead the absorption trends in the coming year.
Logistics solutions provider UPS has announced the launch of its specialised healthcare-focused cross-docking facility in Hyderabad, aimed at revolutionising the logistics of the Indian pharmaceutical sector. Designed with a strong emphasis on the unique needs of pharma customers, this state-of-the-art facility integrates global freight forwarding capabilities, underscoring UPS's commitment to the healthcare industry. The facility boasts advanced temperature control systems, ensuring sensitive pharmaceutical products are stored and transported within their specified temperature ranges to maintain efficacy and safety. According to UPS, the facility can securely handle and sort 15 pallets at +15°C to +25°C, 7 pallets at +2°C to +8°C, and 50 pallets under uncontrolled ambient conditions. This capability significantly enhances the efficiency of pharma companies by minimising the need for prolonged warehouse storage. Moreover, the facility acts as a safety net for critical shipments, ensuring that vital products remain protected even during contingency situations. Grégory Goba-Blé, Head of UPS India and Director of MOVIN Express, emphasised the importance of innovative logistics in the rapidly evolving healthcare landscape, stating, “With India at the forefront of the healthcare industry, we’re committed to simplifying logistics for our customers.” UPS Healthcare operates with a robust team of over 10,000 healthcare logistics experts across 216 facilities, totaling 17 million square feet of cGMP and GDP-compliant healthcare distribution space. Recently, the company also launched UPS Premier in India, a cutting-edge service that prioritizes and tracks critical shipments within 3 meters globally. Arnab Bhattacharya, Country Manager for UPS Healthcare in India, expressed enthusiasm about the new facility, highlighting its unparalleled security and efficiency: “We are really the only solution out there that can take care of the full, end-to-end supply chain.”
The Adani Group has announced a significant investment of $10 billion in Vietnam, marking a major expansion of its international operations. This investment underscores the group's strategic focus on global growth and diversifying its business interests beyond India. The planned investment will be directed towards developing infrastructure, including ports, logistics, and power generation, aligning with Vietnam's ambitious plans to boost its economic infrastructure. The move is part of Adani’s broader strategy to tap into emerging markets and enhance its global footprint. Adani Group’s commitment to Vietnam involves several key projects. This includes the development of industrial parks and logistics hubs that will facilitate enhanced connectivity and trade efficiency. Additionally, the group plans to invest in renewable energy projects to support Vietnam's transition towards sustainable energy sources. Vietnam's strategic location and growing economy present a promising opportunity for Adani, which has already established a robust presence in various sectors within India. The investment is expected to generate substantial economic benefits for both countries, fostering greater bilateral trade and investment relations. This announcement aligns with Adani's ongoing efforts to expand its international portfolio and leverage growth opportunities in emerging markets. The group has previously made similar investments in countries across Asia and Africa, reflecting its commitment to becoming a global leader in infrastructure and logistics. The Vietnamese government has welcomed the investment, recognising the potential for increased economic activity and job creation. As Adani moves forward with these projects, it aims to strengthen its position as a key player in the global infrastructure landscape while contributing to Vietnam's economic development.
