Purposeful action to mitigate the adverse macro-economic impact

Ramesh Nair CEO & Country Head. JLL India This is a very significant move with substantial monetary policy intervention at a time when COVID -19 has impacted the economy at large. This is in conjunction with economic package announced by the finance minister yesterday for the poor. In addition to other benefits, the package is expected to benefit 3.5 crore registered construction workers. This is also a perfect orchestration of the joint efforts by the Central government, State governments and the Central Bank to deal with this global health crisis.  …

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Key SCM steps in the times of COVID 19

Aditya Vazirani (CEO, Robinsons Global Logistics Solutions)   The fast-paced spread and the highly contagious nature of the Coronavirus or COVID-19, has brought the global civilisation to a massive lockdown. What began with the shutting down of China – the global hub for the manufacturing, has spread to the near-total lockdown of major European countries, most of whom have also sealed its borders and ports. The international supply chain today has also come to a standstill, with the exception of pharmaceuticals and essential F&B chains functioning at reduced capacity. Even…

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Aviation Industry is worst affected

Murali Ramachandran, CEO-India, Celebi Aviation Holding The aviation industry being at the centre of the coronavirus pandemic, is probably the most impacted. The situation has become quite concerning, now. Following the visa directives, most airlines have started cancelling flights. There has been a steep fall in the number of flights being handled. It’s almost negligible now. With a work force of over 8000, we might have to take up  some extreme decisions like ‘leave without pay’ and other measures as an alternative to try and secure our market viability. Some…

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Coronavirus to disrupt supply chains globally

Kushal Nahata, CEO & Co-founder, FarEye China is inarguably the manufacturing hub of the world. However, with the ongoing epidemic, this image is sure to take a beating. Even as Wuhan, a major industrial hub in Hubei province and the epicenter of China’s coronavirus outbreak, is coping up with the deadly virus that has claimed more than 2,000 lives so far, manufacturers around the globe are facing a supply chain crisis. China, the biggest manufacturer of mobile phones, computers and televisions, has witnessed an immediate effect on production with Apple…

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5 ways to make your last mile delivery sustainable

Shilpa Vyas, Content Marketing Lead, Dista   With the surge in e-commerce, global carbon emissions are also on the rise making sustainable, efficient and responsive urban logistics a need of the hour. According to a recent study by Rakuten Intelligence, the average domestic package travels over 1,000 miles before arriving at its destination. This is astonishing considering the fact that the same item may be available at a retail location just a few miles away from the customer. Speed is the new fuel for the last mile delivery industry. The…

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Five trends that will shape the digital world

Kashish Jhamb, Executive Director and CMO, City Innovates Technology continues to outgrow our expectations every day. In the months ahead, we are set to witness several game-changing technologies trends. While some of these are slowly making way into the world around us, some others are ‘top picks’ that will change the way we live, work, and connect with each other. As the digital world we love and live in evolves with new use cases, we will witness new benefits and opportunities. Below are some of the digital technology trends that will…

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A Kisan Friendly Budget

Sandeep Sabharwal, CEO, SLCM Group This budget is  Kissan Friendly  with strong emphasis on doubling farmer income by 2022. The allocation of 2.83 trillion rupees  for the Agriculture and allied sector is a huge positive for the sector. The 16-Action Point formula for the agriculture sector, which government has spelled out could prove to be a game changer for the sector, if implemented in totality.  It is heartening to note that FM has acknowledged the active role NBFCs and cooperatives in agriculture lending. It is also exciting to see that…

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Logistics to get a major boost

Kushal Nahata, CEO & Co-founder, FarEye  We welcome the progressive budget by the government this year. The logistics industry has been a key focus for the government in the past few years and with the announcement of the soon to be launched National Logistics Policy- the industry is going to get a major boost.  Allocation of Rs 1.7 lakh crore for transport infrastructure in FY21 and the move to monetize 12 lots of highway bundles of over 6,000kms before 2024 is welcoming news as it will positively impact freight movement…

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Improving Supply Chain Economy

Vartul Jain, SVP and Chief Financial Officer, GreyOrange   It is heartening to see how this year’s Union Budget focuses on promoting India as an investment and innovation hub. Focus on entrepreneurship, skill development and supply chain economy as well as thrust on technology are important for the growth of the Government’s Digital India and Make in India programs. Measures such as an Investment Clearance Cell, early stage fund and multiple tax rebates and relaxations for startups–will help widen their scope and provide more opportunities. From a business perspective, Government…

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A well structured budget

Anshuman Magazine, Chairman & CEO – India, South East Asia, Middle East & Africa, CBRE Continuing its commitment for further strengthening the national infrastructure till the last mile, Finance Minister Ms. Nirmala Sitharaman presented a progressive budget and touched upon every section of the economy. It is noteworthy that she stressed upon building on aspirational India in order to boost the standard of living; economic development for all; and building a humane and compassionate society. The allocation of Rs 100 lakh crores for infrastructure development in the next five years…

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