Truck rentals down by 2% after drop in diesel prices
According to the Indian Foundation of Transport Research and Training (IFTRT), A INR 2 per litre drop in diesel prices on August15-16 has led to a fall in truck rentals. In an update, it...
Author: Kanika Bansal
Visakhapatnam Port set to achieve target of 61 mt
The Visakhapatnam port, performing very well during the current year, has handled 15.6 million tonnes (mt) of cargo during the first quarter, against 13.3 mt during the corresponding period last year. According to port...
PE interest in warehousing, logistics parks to get a boost with GST rollout
Real estate private equity firms’ interest in warehousing and logistics park space is expected to rise with the proposed rollout of Goods & Services Tax. Given the current complicated tax structure, the logistics decision...
Indian light vehicle market to cross the 4 million unit mark in 2016
According to a forecast report by PwC Autofacts, India’s light vehicle production (including cars, utility vehicles and light commercial vehicles will drive sales, taking production to 4.1 million units this calendar. For the first...
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