Warehousing & Logistics sector shows resilience amidst Investment drought – Vestian

New Delhi, 14th Feb 2024: The year 2023 reported absorption of 37.8 Mn sq ft, 21% higher, compared to the previous year. Absorption has been on the rise since 2021, increasing gradually year over year. Despite dried-up investments in 2023, absorption surpassed pre-pandemic level of 2019 by 15%. The sector received investments worth USD 646 Mn in 2023, accounting for 15% of the total

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Logistics Sector Investing Billions to prep for festive E-Commerce Bonanza

Bengaluru India 25th October 2023- Speaking on the festive preparations Venu Kondur CEO of Bengaluru-based Lobb Logistics in an interaction gives a detailed reply to a few interesting questions on festive spirit. 1. With the festival season around the corner, how much more demand (orders placed) than usual is expected by e-commerce companies? Does it differ region-wise? In what ways?

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