Revival plan- will it arrest slide in commercial vehicles sales?

Responding to the growing demand for government intervention by different sections of economy to arrest the falling growth, union Finance Minister Nirmala Sitharaman announced a slew of measures on Friday evening. The falling sales in the automobile sector has emerged as the signpost of the new spell of economic slowdown and steep fall in the demand for trucks is indicative of slackening pace of economic activities. “ The gravity of the situation is such that the growth for April-July 2019 period is down in all segments and the de-growth is…

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Rivigo launches Relay-as-a-Service (RaaS) to benefit fleet owners

Rivigo, a technology-enabled logistics company, launched Relay-as-a-Service (RaaS) last week. This first-of-its-kind service is based on Rivigo’s patented technological capability through which it has been operating relay for the past five years.   RaaS will be offered to fleet owners using its technology, pilots and countrywide network of relay pit-stops. Relay Trucking is an operating model where drivers change over after every few hundred kilometers of driving through a network of relay pit-stops and then get rostered back to their home base to return to their families every single day.…

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Mahindra Logistics to manage 2 distribution centers for Volkswagen

Domestic 3PL major Mahindra Logistics Limited (MLL) has further strengthened its association with the Volkswagen Group India, one of India’s leading car manufacturers.  MLL will manage the first of its kind Parts Distribution Centre (PDC) of the Volkswagen Group, India at NCR and Bangalore. As part of the new arrangement, MLL will manage more than 200000 sq. ft. of warehousing space and PDC operations, servicing the Volkswagen Group, India through a variable and scalable model. Both state-of-the-art warehouses are specially designed and equipped with customized storage, diverse Material Handling Equipment (MHE) and…

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DMICDC Logistics Data Services appoints NEC’s Ichiro Oshima as new CEO

NEC Technologies India (NECTI) has announced that DMICDC Logistics Data Services Limited (DLDS), a joint venture between Government of India represented by National Industrial Corridor Development and Implementation Trust (NICDIT) and NEC Corporation, has appointed Ichiro Oshima as the new CEO with effect from April, 2019. Prior to this new appointment, Oshima was Director of DLDS, while concurrently serving as Associate Vice President, NEC Technologies India. He will continue in his current role at NECTI after this new appointment at DLDS. Oshima has been associated with NEC for nearly 30 years and brings with him…

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GreyOrange hires Jeff Cashman as Global COO

GreyOrange, a global software and robotics platform aligned with the demands of the supply chain industry verticals like retail and e-commerce, has announced Jeff Cashman joining as Senior Vice President and Global Chief Operations Officer. Cashman joins Chief Executive Officer Samay Kohli, VP and CEO North America Chris Barber, and CMO Terrie O’Hanlon at GreyOrange’s U.S. headquarters in Atlanta, GA. As Global COO, Cashman would be responsible for shaping strategies to drive global customer acquisition, market penetration, revenue growth, marketing, solution delivery and customer success.  Cashman brings more than 30 years…

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GARMIN India associates with Shoppers Stop

Strengthening its mark in the ever-growing demand for smart wearable and fitness devices, GARMIN India – a unit of Garmin Ltd. (NASDAQ: GRMN), announced its association with Shoppers Stop, India’s premier fashion retailer. The exciting watch range by Garmin will now be available to customers in five cities – Mumbai, Chandigarh, Lucknow, Hyderabad and NCR (Ghaziabad). At Shoppers Stop stores, the fitness enthusiasts can experience their favourite gadgets like, Garmin Vivo series, Forerunner Series, Fenix Series and Instinct. The brand experts will also be available at these stores to guide…

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Zomato Partners with FarEye to Gain Logistics Visibility

 Zomato, the global restaurant search and discovery provider, has partnered with digital logistics company FarEye,  to help restaurants stay compliant with Food Safety and Standards Authority of India’s (FSSAI) guidelines. FarEye which facilitates over 10 million transactions per day, enabling more than 100 enterprises across 20+ countries to achieve superior delivery experience is now set to enable logistics excellence to the Gurugram based unicorn, Zomato, with its intelligent route optimization engine to reduce cost of pickups and deliveries. Widely acknowledged for empowering global leaders with its predictive visibility and operational intelligence to achieve…

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Arzooo.com expands to North and East India

B2B Commerce startup, Arzooo.com has announced adding 5 cities under its belt in North and East India.  The startup aims to empower over 5,00,000 physical retail stores through its tech platform, allowing them to effectively compete with e-commerce giants. Arzooo’s flagship category is consumer electronics retail; however, the company plans to expand to other categories too by 2020. Arzooo Go Store empowers its partner stores to overcome Selection and Pricing issues of a physical retail and thus, offer huge edge on inventory selection, price and faster delivery to its customer,…

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Staunch forays into IoT retail

Emerging omni-channel distributor Staunch, is expanding into IoT products, catering to the emerging needs of smart consumers in the Indian market. The brand that has been pivoting niche retail and distribution strategies for various categories of products right from gadgets and gizmos to FMCG, fashion, hygiene & personal care, home style, auto and lifestyle products, is now set to capitalize on the IoT retail space. The company that recently launched a global brand YI Technologies in India is now  aiming at introducing a pool of IoT products into the Indian…

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Huawei launches world’s most powerful AI processor

[Shenzhen, China, August 23, 2019] Huawei officially launched the world’s most powerful AI processor – the Ascend 910 – as well as an all-scenario AI computing framework, MindSpore. “We have been making steady progress since we announced our AI strategy in October last year,” said Eric Xu, Huawei’s Rotating Chairman. “Everything is moving forward according to plan, from R&D to product launch. We promised a full-stack, all-scenario AI portfolio. And today we delivered, with the release of Ascend 910 and MindSpore. This also marks a new stage in Huawei’s AI…

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