Goldman Sachs, IBM, DHL, Brookfield, Standard Chartered Bank, have informed the Indian government that within the next three years, they will significantly scale up their operations in the country. India's asset monetization programs are drawing interest from several global investors, especially those in REIT and InvITs. A slew of free...
DHL Connects its India Trucks via Internet
Bonn, Germany-headquartered global logistics group DHL is planning to introduce internet-connected trucks and emulate Haryana, India-based technology-enabled logistics start-up Rivigo's "driver relay model" to improve customer experience and increase efficiency, Rivigo, which launched in 2014, has a fleet of over 2,000 internet-connected trucks fitted with sensors for location tracking and...
Multinationals Bullish on Warehousing in India
Due to growth in both the consumer sector and e-commerce in India, overseas investors and real estate players are increasingly investing in warehousing and logistics. Key players such as Singapore's Ascendas-Singbridge, Assetz Property Group, Ohio-based Logos Realty, Canada Pension Plan Investment Board and the Everstone Group, among others, have made...
DHL Invests in India's E-Commerce Sector
German logistics company DHL will invest 70 million euros as part of its plans to expand its reach across the Asia Pacific region, reports Apparel Resources. Commenting on this move, Charles Brewer, CEO of the company stated, 'The U.S. and Asia Pacific are the two largest markets for online commerce...