Real Estate 2020 Review (Retail, Logistics, Cold Storage)

Excerpts from Real Estate 2020 review by CBRE and outlook 2021 by Anshuman Magazine, Chairman & CEO, India, South East Asia, Middle East & Africa, CBRE. While 2020 has been an unprecedented year globally, it has been able to create certain unique opportunities for the real estate sector that are likely to usher in a new era of innovation and digital transformation going forward. The COVID-19 pandemic has necessitated recalibration at a systemic and individual level. The real estate sector has not remained untouched from this recalibration but has shown remarkable resilience…

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Revised policy for CFS,ICDs to address overcapacity concerns

In a significant recent development, the Central Board of Indirect Tax and Customs (CBIC) notified revision in policy and guidelines for setting up of Container Freight Stations (CFS), Inland Container Deport (ICD) and Airfreight Stations (AFS). The revision in policy has been undertaken to boost investment in the sector as well ensuring development of more regions where these physical infrastructure units can come up in larger number instead of their concentration to certain locations. As per the notification, the locations will now be classified as Green Blue or Red. “…

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Mobile gaming on the rise

Mobile gaming in India is on the upswing, driven by consumers staying at home amidst the pandemic-induced lockdown. As per a new CMR Report, The Next Gen Mobile Consumer,  mobile gaming has increased among three in every five serious gamers, with four hours being average duration of increase since the lockdown began in India. Interestingly, in line with the increased time spent on mobile gaming, the study points out the shift from freemium to paid gaming apps. Interestingly, 15% of the gamers switched to paid mobile gaming apps during lockdown. Across the…

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Warehouse automation sector to be 6% larger by 2023

Interact Analysis has produced a newly updated report on the warehouse automation market. The over-riding message is that while scores of industrial sectors have suffered major downturns during the pandemic, and will struggle to recover, the warehouse automation sector is set to see a period of exponential growth. COVID-19 has given a massive and lasting boost to the online-shopping sector, driving warehouse managers to increasingly resort to automation solutions to improve efficiency and productivity, and enable social distancing on the shop floor.   COVID-19 will depress revenues for 2020 as…

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Deceleration in cargo decline at major ports in Q2

According to a recently released report by credit agency ICRA, “the Indian Port sector is witnessing deceleration in cargo decline in Q2 FY2021, with cargo at Indian ports witnessing Y-o-Y decline of ~9% each in July and August, after severe contraction of ~22% in Q1 FY2021 due to the impact of Covid-19 pandemic. The recovery has been relatively better at non major ports.” Sai Krishna, Assistant Vice President and Associate-Head, Corporate Ratings, ICRA added: “The deceleration in cargo contraction is a favorable trend, but recovery in certain segments like POL, which…

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Delivery of COVID-19 vaccine

    Excerpts from recently released white paper that identifies critical challenges in COVID-19 logistics Global delivery of 10 billion doses of serum needs scaled-up medical supply chains; White paper identifies critical challenges in COVID-19 logistics; A framework is provided to tackle future health emergencies beyond COVID-19. With first emergency use authorizations for COVID-19 vaccines expected to be effective in the last quarter of 2020, logistics providers are challenged to rapidly establish medical supply chains to deliver serums of unparalleled amounts of more than ten billion doses worldwide. DHL (https://www.DHL.com),…

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Tractor industry may register high single-digit growth

According to a recently released report by the credit rating agency ICRA, the sales of tractors in the current fiscal is expected to reach to a high single digit trajectory despite Covid led setbacks in the initial months. With agriculture projected to be the only performing segment of the national economy, the demand for tractor sales is likely to consolidate after strong reversal signs witnessed in August. Shamsher Dewan, Vice President, ICRA, said, “The strong revival in tractor volumes in the month of August’20 were aided by healthy rabi cash…

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Port sector witnesses early signs of recovery

According to a recent report by leading rating agency ICRA, the port sector has shown some strong recovery signs in the month of July after witnessing modest decline in volumes in the early months of this fiscal following covid-19 triggered lockdown. “The Indian port sector witnessed sharp contraction during Q1 FY2021 due to the impact of Covid-19 pandemic and containment measures adopted by the Government   While, the Major Ports witnessed ~20% decline in Q1 FY2021, the Non Major Ports declined by 24% during the same period. However, in the month…

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Digitalization to drive Indian Logistics Post-COVID-19

Leading consultancy and research firm Frost & Sullivan has recently unveiled a report, Post-Pandemic Growth Opportunity Analysis of the Indian Logistics Industry, which maintains that while the strict containment measures in the country have ensured that the sector will witness only marginal growth in 2020, they have also created new opportunities for digitalization across the logistics value chain. “Digitalization and technology adoption is expected to gain traction during the post-pandemic recovery phase, which is expected to drive the Indian logistics industry to grow at a CAGR of 7.2% between 2019 and…

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ICRA downgrades Indian logistics sector

Credit rating firm ICRA has revised the outlook on the Logistics sector from ‘Stable’ to ‘Negative.’ In its report released last week, the agency has cited restrictive measures initiated to combat Covid-19 early this year adversely impacting domestic logistics sector especially its road transportation vertical. Shamsher Dewan, Vice President, ICRA Ratings, commented, “The implementation of nationwide lockdown to contain the Covid-19 spread resulted in disruption in supply-chains across sectors, restrictions on cross-border movement and dearth of availability of drivers and thereby led to contraction in revenue of the logistics sector…

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