Flipkart joins hands with NSDC to train 20k supply chain workforce

Domestic e-commerce major Flipkart has joined hands with National Skill Development Corporation’s Logistics Sector Skill Council (LSC) to prepare a sizeable pool of trained supplychain workforce for the future. In a statement released on Sunday, the Walmart owned company confirmed that in association with LSC, it will be training 20,000 of its delivery executives across the country.   “This is the first ever partnership between an e-commerce company and LSC…Flipkart envisions to have a robust training programme along with LSC for its additional 30,000-strong supply chain workforce,” Flipkart said in…

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New liquid cargo jetty at JNPT to enhance capacity by 4 MTPA

Union Minister of State for Shipping Mansukh Mandaviya last week laid the foundation stone for an additional Liquid Cargo Jetty at Jawaharlal Nehru Port Trust (JNPT). The total project cost for is over Rs 300 crore and it is expected to significantly increase the capacity of the port in handling liquid cargo like POL, LPG, edible oil, molasses, chemicals etc. “There is an increased domestic and industrial demand for liquid commodities like LPG etc in the country, with PM’s plans to reach gas stoves to every home.  The present liquid…

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International Solar Alliance kickstarts cold chain initiative

India-headquartered International Solar Alliance (ISA) has launched a new initiative meant to promote cold chain facilities and systems in member countries with the use of solar power, Ritwik Sinha reports.   The ISA Solar Cooling Initiative (I-SCI), unveiled early this week in New Delhi, would primarily deal with setting up of cool community hubs at strategic locations in India and other member countries. Such hubs would be multi-functional units including providing support to local farmers in storage and sortation of their perishable produce, acting as vital cog in the farm-to-fork value chain.…

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Tata Steels unveils ‘steeljunction’ in a new avatar

India’s largest steel producer, Tata Steel, has launched its steel retail store ‘steeljunction’ in a new avatar with an aim to create new paradigms in steel retailing for the ‘B2C’ consumers. This unique outlet will provide a ‘one stop destination’ for consumers intending to go ‘steel shopping’. Inaugurated by Tata Steel CEO & MD T. V. Narendran recently, the store will showcase steel products catering to four consumer segments – Home Décor & Gifting, Home Building, Home Making and Tools & Implements. Located in a premium Kolkata area, this 6,000-sq.…

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Tupperware adds e-tail, outlets to expand its reach in India

Tupperware® synonymous with kitchenware, homeware and culinary solutions, has nnounced rolling out a multi-channel strategy effective August 2019 in India adding e-tailing and physical outlets to its direct sales portfolio. India is the first country where Tupperware has taken the online route while it has been operating physical outlets in countries like China and Brazil for quite sometime.   As a direct selling brand, Tupperware has been a leading role model in India and has built a family of 70,000 strong consultants and distributors. Speaking about the business transformation, Deepak Chhabra,…

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EICI expresses reservations with draft logistics policy

Express Industry Council of India (EICI), an industry body comprising leading express logistics companies in the country, has expressed reservations with the recommendations of the draft national logistics policy unveiled earlier. The industry body is of the view that the interests particularly of the domestic air cargo industry have not been adequately addressed in the draft policy.   “We laud the efforts in preparing the draft policy covering a broad spectrum of focus areas to drive the growth of Indian logistics sector. However, we note that the policy document does…

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FedEx commits further $450 million investment in Memphis hub

Even as the recent scrapping of FedEx– Amazon business deal has grabbed the attention everywhere, the global logistics giant has announced further investment plans at its global hub in Memphis. Early this month, Tennessee Governor Bill Lee joined FedEx executives to announce an additional $450 million investment which will accelerate the modernization and expansion project of the global hub. In March 2018, the company had committed over $1.5 billion in the expansion and modernization of the hub. The FedEx World Hub is supported 11,000 team members and 163 aircraft gates…

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Honda 2Wheelers- Shell launch a new range of engine oil

 Honda Motorcycle & Scooter India and Shell Lubricants, the global market leader in finished products, have entered in a strategic partnership to launch a new range of engine oil. The partnership marks India as the first ever market for collaboration between Honda 2Wheelers and Shell Lubricants in the two-wheelers oil category.   According to an official release, the new range is specially formulated with Shell’s technological now-how matched to Honda’s advanced vehicular blueprint. The range provides several enhanced benefits like improved pick-up and acceleration, better fuel economy, engine protection in high…

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Never-ending trade war sinks commodities into a world of trouble

The U.S.-China trade war is sparking so much fear over demand that even those parts of the commodity world that aren’t in the direct firing line are getting burned, says a report by Bloomberg. Oil had its biggest sell-off in four years after U.S. President Donald Trump brought an abrupt end to a truce forged with Chinese counterpart Xi Jinping in June 2019. That is after Beijing has spared crude from levies. Meanwhile, crop markets, industrial metals and shares of agricultural traders have all got walloped over the months. The…

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HDFC, Mastercard to support ‘Digi Vyapari’ initiative

HDFC Bank , Mastercard & Common Service Centres of Ministry of Electronics have come together to partner with traders body CAIT to accelerate digital payment adoption through 5 Lakh Common Service Centers amongst 70 Million traders in India. This first-of-its kind grassroots initiative named as ” Digi Vyapari-Safal Vyapari is expected to transform the rural and urban economy and benefit small merchants and traders even in the remotest places. CAIT Secretary General Praveen Khandelwal informed that the association will make live showroom of traders on e commerce portal which will…

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