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South Korea’s Mirae Asset has ventured into logistics and industrial real estate in India by acquiring a pre-leased and...
13/01/2023

South Korea’s Mirae Asset has ventured into logistics and industrial real estate in India by acquiring a pre-leased and income-producing warehousing property in Bhiwandi near Mumbai. It has made a maiden acquisition of a logistics facility with over 300,000 sq ft leasable area through a category II alternative investment fund (AIF), Mirae Asset Credit Opportunities Fund, for around Rs 135 crore. It is Mirae Assst’s first acquisition under its India-focused funds allocation for high-grade real estate.

Info Source:- https://economictimes.indiatimes.com/industry/services/property-/-cstruction/mirae-asset-ventures-into-logistics-industrial-realty/articleshow/96745926.cms
Image Source:- https://in.esr.com/esraccess/sites/default/files/2022-02/Sohna.jpg


The Ministry of Civil Aviation (MoCA) approved the Production-Linked Incentive (PLI) scheme for drones and drone compone...
10/01/2023

The Ministry of Civil Aviation (MoCA) approved the Production-Linked Incentive (PLI) scheme for drones and drone components to boost the Atmanirbhar Bharat. The scheme's total financial outlay is for three years (starting from F.Y. 2021-22) under the PLI scheme of Rs 120 crores, and the total PLI per manufacturer is capped at Rs 30 crores. The rise in India’s drone industry will contribute to technological advancement and mark its presence in the global market. The functional use of this emerging techno product is being explored in various sectors of the economy like defence, healthcare, agriculture, logistic & transportation, and sports.

Info Source:- https://economictimes.indiatimes.com/small-biz/sme-sector/drone-pli-does-it-do-enough-to-help-india-become-a-global-hub-by-2030/articleshow/96729630.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Image Source:- https://www.defensenews.com/resizer/7b3AmvoY-LUgSaf10ud3qjJ5qkg=/1024x0/filters:format(jpg):quality(70)/cloudfront-us-east-1.images.arcpublishing.com/archetype/MJ4ZS3MO55AHVPQLGH6BE2FWT4.jpg

The 7 PM MEGA INTEGRATED TEXTILES REGION AND APPAREL (PM MITRA) scheme has inspired by the 5F vision of the Hon'ble Prim...
07/01/2023

The 7 PM MEGA INTEGRATED TEXTILES REGION AND APPAREL (PM MITRA) scheme has inspired by the 5F vision of the Hon'ble Prime Minister - Farm to Fibre to Factory to Fashion to Foreign which aspire to fulfil the vision of building an Aatmanirbhar Bharat. The Ministry of Textiles has notified the PM MITRA scheme with a total outlay of 4,445 Crore for about seven years up to 2027-28 to attract investment, boost employment generation, and position itself in the global textile market.

Info Source:- https://www.india.gov.in/spotlight/pm-mega-integrated-textile-region-and-apparel-pm-mitra
Image Source:- https://asmeetatexpa.com/images/hm-slider/60-acres.jpg

On 16 Dec 2022, Union Minister Nitin Gadkari promised that the logistics cost of 16 % of present GDP will fall to single...
06/01/2023

On 16 Dec 2022, Union Minister Nitin Gadkari promised that the logistics cost of 16 % of present GDP will fall to single digits of 9 % GDP by the end of 2024, aided by India’s growing infrastructure. Gadkari added India is on the path to building an inclusive Bharat by following the vision of Prime Minister Narendra Modi by boosting investment, economic growth, and employment creation to achieve sustainable development.

Info Source:- https://www.livemint.com/news/india/logistics-cost-to-reduce-from-16-to-9-of-gdp-by-end-2024-gadkari-11671199427373.html
Image Source:- https://caknowledge.com/wp-content/uploads/2021/03/Nitin-Gadkari-Net-Worth-New.jpeg

Porter Logistics was commenced in 2014 by IIT alumni Pranav Goel, Uttam Digga, and Vikas Chaudhary. Porter is a platform...
04/01/2023

Porter Logistics was commenced in 2014 by IIT alumni Pranav Goel, Uttam Digga, and Vikas Chaudhary. Porter is a platform to address inefficiencies in the last-mile logistics sector that transports goods around cities. It is a tech-enabled intra-city logistics company. The company provides an online platform that enables companies and users to book mini trucks online and track the movement of their goods across the city with the app. It aims to help e-commerce, FMCG, SMEs, traders, 3PLs, couriers, cargo companies, and optimize their logistics with the help of its fleet and technology. The head office is present in Bangalore, Karnataka. It is situated in 17 cities with more than 12,000 teams and has 300,000 driver partners to support them.

Info Source:- https://www.ashokleyland.com/in/en/about-us
Image Source:- https://d16heqpiqe8phi.cloudfront.net/open-graph/fb/home/porter_logo_d.jpeg

The Indian pharmaceutical industry is now a global powerhouse in supplying drugs and vaccines to much of the world. With...
03/01/2023

The Indian pharmaceutical industry is now a global powerhouse in supplying drugs and vaccines to much of the world. With sustainability now a global agenda, India's pharma industry needs to get on board as well while continuing to be a provider of quality and affordable medicines to the world. Drugs remain the main focus of the pharma industry because of the COVID-19 pandemic.

Info Source:- https://health.economictimes.indiatimes.com/news/pharma/navigating-indias-green-manufacturing-odyssey/96384329
Image Source:- https://www.reagent.co.uk/wp-content/uploads/automated-packaging-of-green-medical-tablets-889x506.jpg


On 14 Dec 2022, Mahindra & Mahindra Ltd. (M&M Ltd.) stated to make an investment worth Rs 10,000 crore to set up an elec...
31/12/2022

On 14 Dec 2022, Mahindra & Mahindra Ltd. (M&M Ltd.) stated to make an investment worth Rs 10,000 crore to set up an electric-vehicle manufacturing plant in Maharashtra’s Pune. It has received a nod to make the investment from Maharashtra Government’s industrial promotion scheme for Electric Vehicles. The investment will be made over a period of 7-8 years for setting up the manufacturing facility, development, and production of Mahindra’s upcoming Born Electric Vehicles (BEVs).

Info Source:- https://economictimes.indiatimes.com/industry/renewables/mm-to-invest-rs-10000-crore-to-widen-indias-ev-manufacturing-spectrum/articleshow/96217992.cms?

The PLI Scheme for the auto sector envisages to overcome the cost disabilities of the industry for manufacture of Advanc...
24/12/2022

The PLI Scheme for the auto sector envisages to overcome the cost disabilities of the industry for manufacture of Advanced Automotive Technology products in India. This Scheme will lead to fresh investments of over Rs 42,500 crores, incremental production of over Rs 2.3 lakh crore and will create additional employment opportunities of over 7.5 lakh jobs. It will be implemented over a period of five years starting from FY 2022-2023.

Info Source:- https://pib.gov.in/PressReleasePage.aspx?PRID=1757651
Image Source:- https://zameenblog.s3.amazonaws.com/blog/wp-content/uploads/2021/11/Cover-1440x625-2.jpg

Delhivery is an Indian logistics and supply chain company, based in Gurgaon. It was founded in 2011 by Sahil Barua, Mohi...
22/12/2022

Delhivery is an Indian logistics and supply chain company, based in Gurgaon. It was founded in 2011 by Sahil Barua, Mohit Tandon, Bhavesh Manglani, Suraj Saharan, and Kapil Bharati.
Since its inception, it has successfully fulfilled over 1.4 billion orders across India. They have built a nation-wide network with a presence in every state, servicing over 18000 pin codes. 21 automated sort centres, 96 gateways, 93 fulfilment centres, 2948 direct delivery centres, and a team of over 58000 people make it possible to deliver 24 hours a day, 7 days a week, 365 days a year.

Info Source:- https://www.delhivery.com/about/

Blue Dart was founded by Tushar Jani, Khushroo Dubash and Clyde Cooper and is headquartered in Mumbai, Maharashtra..It i...
16/11/2022

Blue Dart was founded by Tushar Jani, Khushroo Dubash and Clyde Cooper and is headquartered in Mumbai, Maharashtra..It is South Asia's premier express air and integrated transportation & distribution company that got its inception in 1983. It offers secure and reliable delivery of consignments to over 35,000 locations in India. As part of the DPDHL Group’s (DHL Express, DHL Global Forwarding & DHL Supply Chain) it comprises the largest logistics network worldwide, covering over 220 countries and territories and offers an entire spectrum of distribution services including air express, freight forwarding, supply chain solutions and customs clearance.

Info Source:- https://www.bluedart.com/about-bluedart
Image Source:- https://www.bluedart.com/

Design Linked Incentive (DLI) Scheme - The DLI Scheme under the The Ministry of Electronics and Information (MeitY) aims...
12/11/2022

Design Linked Incentive (DLI) Scheme - The DLI Scheme under the The Ministry of Electronics and Information (MeitY) aims to offer financial incentives and design infrastructure support to domestic companies, startups and MSMEs across various stages of development and deployment of semiconductor design for Integrated Circuits (ICs), Chipsets, System on Chips (SoCs), Systems & IP Cores and semiconductor linked design over a period of 5 years.
The scheme has three components – Chip Design infrastructure support, Product Design Linked Incentive and Deployment Linked Incentive.

Info Source:- https://pib.gov.in/PressReleasePage.aspx?PRID=1790346
Image Source:- http://electronicsb2b.com

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