ECU Worldwide appoints Jitesh Shetty as global head of ECU 360

In this role, he will report to Vaishnav Shetty, chief digital officer of the Allcargo Group. 10 Feb 2023 ECU Worldwide, Allcargo Logistics’ wholly-owned global subsidiary, announced that it has appointed Jitesh Shetty as global head of ECU 360 effective immediately. “Jitesh will spearhead major strategy and technical shifts for the company’s digitalplatform, and to […]

Union Budget should create road map for sustainable growth in logistics sector: Industry

The upcoming Union Budget should not only create a roadmap for sustainable growth in the logistics sector but also incentivise the industry to adopt sustainable practices, operators said on Thursday. Finance Minister Nirmala Sitharaman is scheduled to present the Union Budget 2023-24 in the Lok Sabha on February 1. FedEx Express Senior Vice-President Middle East […]

National Logistics Policy – Laying the Groundwork for Future

India ranked 44th on the World Bank’s Logistics Performance Index (LPI), which was last published in 2018. Notably, India’s $200 billion logistics sector has always remained in the shadows when it came to supportive policies and getting the government’s attention. However much of that changed, when the National Logistics Policy was launched on the 17th […]

The Importance of Logistics in GDP Growth

Logistics forms the backbone of every industry in our country. The sector takes over one of the major responsibilities, transportation of goods and in turn, generates employment and contributes to economic growth. Ranging from agriculture, pharmaceuticals and transportation to e-commerce, medical or manufacturing, logistics holds a prominent position in all markets. In today’s times of […]