Amazon to induct 10k electric vehicles

E-commerce major Amazon India has announced its intentions of inducting 10,000 electric vehicles in its fleet by 2025. A recent statement from the company specified that the company has already conducted pilot runs in several cities and is likely to kickstart electric vehicles fleet operation in as many as 20 cities in the next one year. “ We are committed to building a supply chain that will minimise the environmental impact of our operations,” Akhil Saxena, vice president, Customer Fulfillment-APAC & Emerging Markets, Amazon has been quoted as saying in a…

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Force Motors Reveals Next Gen Shared Mobility platform

Pune based automotive major Force Motors (India’s largest van-maker) last week revealed country’s first next generation shared mobility platform that has been simultaneously designed and developed for both Internal Combustion Engines and 100% Electric Drive. The project codenamed T1N was triggered about four years ago with the objective to develop a truly world class shared mobility platform that would be way ahead of current offerings and raise the bar in terms of passenger comfort, convenience and safety to International standards. The T1N is the first vehicle in this category in…

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Bezos promises to significantly scale up India business

Despite protests by the associations representing domestic small traders and not so enthusiastic response from senior government functionaries, Amazon founder Jeff Bezos concluded his three-day visit to India last week making promises to further scale up global e-conmmerce giant’s operations in India. Bezos has promised a further $1 billion investment in India to help small businesses digitize in India. The company also claimed that its expanded operations will create one million jobs by 2025. This would be in addition to over half a million jobs which the company has created…

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Huawei shipped 6.9 million 5G smartphones in 2019

Huawei Consumer Business Group (CBG) shipped 6.9 million units of 5G smartphones as of December 2019, in addition to offering end-to-end 5G solutions. The strong sales reflect Huawei’s relentless commitment to 5G R&D and reinforce Huawei’s leadership in 5G technology, a company release said. In 2019, Huawei brought 5G to consumers through the launch of eight 5G smartphones: HUAWEI Mate 30 Pro 5G, HUAWEI Mate 30 5G, PORSCHE DESIGN HUAWEI Mate 30 RS, HUAWEI Mate 20 X (5G), HUAWEI nova 6 5G, HUAWEI Mate X, Honor V30 Pro and Honor V30.…

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Bajaj Auto opens bookings for legendary Chetak

Unveiled on 16th October 2019 in New Delhi, the Chetak is now open for bookings with test-rides at select KTM showrooms in Pune and Bangalore commencing by end of January 2020. It will be available in two variants Urbane and Premium, in a variety of colors and class-leading features. Additionally, an elegant home-charging station is included in the package. More details on the product are available at www.chetak.com.   The Chetak Urbane edition with Drum Brakes will be priced at Rs 1 lac, while the Chetak Premium edition with Disc Brakes and…

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Mr. Kool opens advanced cold chain unit in Ghaziabad

Gurgaon headquartered Ravi Integrated Logistics (operational since 2015) which specializes in cold chain services has started the year by adding a major unit to its portfolio. The company, which operates under Mr. Kool brand tag, has announced the opening of a state- of- the- art cold chain facility in Ghaziabad. The fully mechanised, G+4 unit is quite expansive in terms of storage space – 6000 MT. The unit consists of 14 Chambers and can operate in temperature range of -25 to +25 degree. With this unit, the company is now claiming to…

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Hiranandani – Blackstone JV to develop industrial, warehousing assets

Country’s leading realty firm Hiranandani Group and Blackstone Investments Group have joined hands to jointly develop industrial, logistics and warehousing facilities on a pan-India basis. GreenBase, a fully owned subsidiary of Hiranandani Group, has partnered Blackstone in the equal partnership  joint venture. “We have a very bullish view on the economy in the long term. Logistics and warehousing will be one of the major beneficiaries of this growth. The Joint Venture’s investment (estimated to be Rs 2,500 crores over the next 3-4 years) will also contribute to economic growth as well…

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Adani to pick up 40 percent stake in cold chain firm Snowman

Adani Ports & SEZ subsidiary Adani Logistics has announced picking up 40.25 percent stake in Gateway Distriparks cold chain unit Snowman Logistics. The deal has been valued at Rs 296 crore. “The acquisition is in line with our strategy and vision to be a leader in providing integrated logistics services in India and moving from port gate to customer gate. Cold chain is key product in customer gate strategy given India’s consumer driven demand,” Karan Adani, chief executive officer at APSEZ was quoted as saying. The private sector port leader…

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UPS geared up for handling record return package

UPS (NYSE: UPS) is expecting a seventh consecutive record-breaking National Returns Day as consumers send back holiday orders ranging from ill-fitting sweaters to duplicate kitchen gadgets. On Jan. 2, consumers are expected to deposit 1.9 million returns packages into the UPS network – a 26% spike from last year’s peak returns day. This process is a change from years past, when consumers would rush to physical retailers the day after Christmas and stand in long lines to make returns. UPS has helped rewrite that narrative by offering both retailers and…

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Honda reports over 60,000 unit sales of new BSVI products

Honda Motorcycle & Scooter India last week announced that its first two BS-VI offerings – the all new Activa 125 BS-VI & brand new 125cc motorcycle SP 125 have crossed 60,000 units’ dispatch landmark in a record time, even as both these BS-VI models are moving fast towards all-India availability at its network. Speaking on this achievement, Yadvinder Singh Guleria, Senior Vice President, Sales and Marketing, Honda Motorcycle & Scooter India said, “ Honda’s technology in its first two BS-VI models (Activa 125 BS-VI and SP 125) has started #AQuietRevolution led by many patents* like…

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