According to our report “3rd Party Logistics Market in India”, country’s 3PL market is set for stupendous growth in the coming years as the companies need to strengthen their supply chain management and increase their market penetration.

Retail giant Wal-Mart, still limited by rules barring multi-brand foreign retailers in India, expects supply chain woes to make fast expansion in the country difficult, the chief of its Indian joint venture said.

Mahindra Group, which recently completed the acquisition of two Australian companies, Gippsland Aeronautics and Aerostaff, today said it is aiming to penetrate into the global aerospace supply-chain with leading players in aerospace.

Effective management of supply chain can ensure cheaper quality products to end-users.

With the Defence Ministry poised to spend $80 billion on defence acquisitions over the next five years, India is already a major market for global defence companies.

Further, the company will also seek shareholders approval to raise US$ 70 million through various options including Global Depository Receipts (GDR) or / American Depository Receipts (ADR), QIP / QIB, FCCB.

An Indian delegation leaves for China Monday to study advanced foodgrain storage technology, with a huge quantity of grain rotting in India due to lack of such facilities.

The Singapore-based supply chain services provider YCH Group would invest close to Rs 1,200 crore over the next five years for enhancing its presence in India, a top official of the company said here.

Being a global company with constantly emerging technology, what is the percentage loss of investment due to the delay in 3G?The fact remains that the delay in 3G will impact business in terms of speed, since we are a global company. India lags behind in new technology implementations compared to our concerns abroad, and so this in turn affects the progress in India.

With the recent acquisition of Multipart of the UK, a supply chain services provider, TVS Logistics Services Ltd has achieved its target of Rs 1,000 crore in turnover at least a year earlier than targeted. The company is confident of doubling turnover in two years.