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Logistics, Supply Chain, Warehousing

Operations commenced at its newly acquired warehouse in Guwahati, Assam, featuring advanced ‘multi-temperature control’ capabilities

Snowman Logistics Limited, a leading cold chain and integrated temperature-controlled logistics service provider in India has initiated operations at a newly leased multi-temperature-controlled warehouse in Guwahati, Assam. The total capacity of the warehouse is 5,152 pallets and this facility features eight chambers and four loading bays, equipped with the latest infrastructure. Specifically designed to accommodate products from ambient temperatures to minus 25 degrees Celsius, the warehouse will primarily focus on providing storage, handling and transportation services for ice cream, poultry, ready-to-eat food, dairy products, confectionery, bakery products, seafood, fruits and vegetables. Other products include pharmaceuticals, specialised chemicals and various commodities.

Sunil Nair, CEO, of Snowman Logistics said “The inauguration of our latest facility in Guwahati signifies a momentous achievement for Snowman Logistics. This establishment marks our initial venture into a fully leased cold storage facility, aligning with our strategic move towards becoming asset-light. With this expansion, our overall pallet capacity has soared to an impressive 1,41,000+ pallets, strategically distributed across 20 cities, thereby expanding our foothold in Northeast India.

Snowman Logistics has garnered extensive expertise in the storage, handling, and transportation of diverse products, spanning the food, healthcare, pharmaceuticals, and specialized chemicals sectors. Our commitment to innovation is evident through the incorporation of technology-enabled facilities and platforms. This, coupled with our unwavering dedication, allows us to consistently provide tailor-made solutions that cater to the dynamic needs of the industries we serve.

Operations commenced at its newly acquired warehouse

Collaborations, Sustainability, World

The two organisations will specifically collaborate on helping countries meet the ambitious targets of the 2030 Agenda for Sustainable Development

The Asian Infrastructure Investment Bank (AIIB) and the Food and Agriculture Organisation (FAO) of the United Nations signed a Memorandum of Understanding that recognises the critical role of investment in rural infrastructure, nature resources management and climate resilience in transforming agrifood systems. The two organisations will specifically collaborate on helping countries meet the ambitious targets of the 2030 Agenda for Sustainable Development.

AIIB and FAO will explore collaboration opportunities in infrastructure investments that improve water resource management, agriculture and irrigation productivity, logistics and climate change adaptation and resilience. The two organisations will focus on digital solutions and innovations that increase efficiency productivity and preparedness. Special attention will be given to addressing the social development needs of vulnerable groups and gender issues.

“AIIB and FAO are united by our vision of realising human prosperity through sustainable development,” said Jin Liqun, AIIB President and Chair of the Board of Directors. “This partnership represents our commitment to working together to finance sustainable Infrastructure for Tomorrow. By partnering with the FAO, together we help to ensure efficient and effective use of resources and expertise across the development sector.”

The two organisations will specifically collaborate on

Acquaculture, Sustainability, World

Representatives from over 120 countries are expected to attend

Seafood Expo Eurasia will take place in Istanbul from December 7-9, 2023 and is an eagerly anticipated event for the international fishery industry.

With representatives from over 120 countries expected to attend, the exhibition promises to be a truly global experience, breaking down geographical and political barriers and bringing together fishery companies from around the world.

The event will take place at the TUYAP Fair and Congress Centre and will occupy 2 pavilions, offering a wide range of sectors, including catching and processing, shipbuilding and ship repair, equipment and components, aquaculture, logistics and storage, product distribution, and final products. What sets Seafood Expo Eurasia apart is its unique ability to provide a platform for small and mid-sized fishery companies that may go unnoticed at larger exhibitions, as well as big industry players, to make new connections and seize big opportunities.

Seafood Expo Eurasia is designed with a business-focused approach in mind, catering to the unique needs of attendees and offering a flexible approach, ensuring a stress-free and successful experience. With 46 per cent of visitors being business owners, CEOs, and top managers who make decisions or influence them, this event provides a valuable opportunity for industry professionals to connect and collaborate.

Representatives from over 120 countries are expected

India, World

Rathi expected to drive strategic growth and set up processes and capital structures.

V-Trans India Ltd, an integrated single window logistics solution provider appoints Deepak Rathi as Group Chief Financial Officer (CFO) of V-Trans India Ltd group w.e.f. October 13, 2022.

Rathi possesses over two decades of experience as a finance professional. Previously, he was associated with Greaves Cotton Ltd as Vice-President – Finance. In his earlier experience, he has worked with companies like Future Group, Essel Group, Reliance Media World, and Garware Polyester among others companies.  

Rathi is expected to drive strategic growth and set up processes and capital structures. The CFO’s appointment comes as part of the company’s growth strategy that includes the Capital raising plans in the next 2-3 years.

V-Trans India has a turnover of about Rs 1200 crore. It is a six-decade-old company and has three business verticals V-Trans, V-Xpress, and V-Logis. V-Trans India has 850 branches and over 3,000 professionals to provide logistics solutions.

Commenting on his appointment as the Group Chief Financial Officer, Deepak Rathisaid, “I am delighted to be a part of the prestigious Company and aim to drive the Company’s financial vision with added zeal. We intend to tap the financial market by working as a cohesive and collaborative team. As the company plans to scale up, my role is increasingly critical both in capital raising for growth and management of risks.”

Rathi expected to drive strategic growth and

Agro Universities, Logistics, Trade

The prorgamme will be held from June 20-24, 2022

Tamil Nadu Agricultural University Directorate of Agribusiness Development, Coimbatore will conduct entrepreneurship development programme on agricultural export and import. The programme will be held from June 20-24, 2022.

farmers, business person, youth, women and students can participate in the programme.Visitors will be able to gauge market linkages. The core theme of the programme will be to share the experience of export management, products, logistics and documentation and field visit to air cargo complex.

The prorgamme will be held from June

Agrotech

Adani Defence & Aerospace has acquired strategic stake in digital led leading agri-drone solution provider General Aeronautics

Adani Defence & Aerospace has entered into definitive agreements for acquiring 50 per cent equity stake in agricultural drone start up – General Aeronautics. 
 General Aeronautics, a Bangalore based start-up specialises in developing robotic drones to offer tech enabled crop protection services, crop health monitoring, precision farming and yield monitoring using artificial intelligence and data analytics while working very closely with the farmers and agricultural chemical companies. General Aeronautics also has the presence of some reputed venture capital firms like Mela Ventures, founded by former Mindtree founders.

“The cross-industry application of drones is nearly limitless and continues to make great strides. It offers countries like ours the opportunity to leapfrog generations of infrastructure, healthcare, logistics, agriculture and defence advancements and break several process barriers. When combined with next generation imaging technologies, longer battery life, edge based artificial intelligence and machine learning capabilities, the possibilities are endless. The partnership between General Aeronautics and Adani Defence & Aerospace fuses our military and civilian objectives by integrating several capabilities Adani Group’s military UAV capabilities with the capabilities of General Aeronautics thereby providing us with a platform with far reaching possibilities” said Ashish Rajvanshi, CEO of Adani Defence & Aerospace.

The acquisition aligns to the objectives of Adani Defence & Aerospace in providing a platform to startups and MSMEs for rapid growth and scalability of innovative technologies.

Adani Defence & Aerospace has acquired strategic

Supply Chain

GIV will connect at least one million farmers to the digital ecosystem of GKC by leveraging the network of digitally connected grassroots women entrepreneurs called ‘Grameen Mittras’

Grameen Impact Ventures (GIV), in collaboration with MasterCard Technologies, recently announced the launch of Grameen Kisan Connect (GKC), a significant initiative toward the digitalisation of agriculture value chains in India. Agriculture and allied services account for 18 per cent of India’s GDP and over half of all the employment in the country. Yet, the smallholder farmers, accounting for three-fourths of all the farmers, suffer due to inefficiencies in the agricultural supply chain, resulting in lack of market access, barriers in access to quality inputs at competitive prices and low return on investment on them.

The Grameen Kisan Connect (GKC) platform is a complete digital ecosystem powered by MasterCard Technologies. It brings together primary producers of agricultural commodities, input suppliers, commodity buyers, agro-processors, logistics providers, agricultural credit providers, farmer producer organizations and digital agricultural advisory service providers.

GIV will connect at least one million farmers to the digital ecosystem of GKC by leveraging the network of digitally connected grassroots women entrepreneurs called ‘Grameen Mittras’. This network of over 1,600 women entrepreneurs is spread across 16 districts in the Vidarbha region of Maharashtra, Eastern Uttar Pradesh and Central Bihar.

Speaking on the occasion of launch of this platform, Prabhat Labh, Founder and CEO of Grameen Impact Ventures said, “Launch of the GKC platform in collaboration with MasterCard Technologies will help in fulfilling an important goal of GIV, which is, to make farming more profitable for the smallholder farmers. By leveraging this digital ecosystem, the farmers will reduce their input costs by benefiting from transparency in input supply, fetch a better price for their produce by having access to a much larger range of buyers on the digital platform and access high-quality crop advisory services.”

GIV will connect at least one million

Agrotech, Supply Chain, Warehousing

Agri Reach is capable of establishing industry-standard warehouse operations anywhere across the country within 24 hours

Sohan Lal Commodity Management Private Limited, India’s leading Post Harvest Management Group (SLCM Group) has recently announced the receipt of ‘Patent Certificate’ from the Patent Office, Government of India for its application titled “Methods for Real Time Data Management” filed on December 16, 2013. SLCM Group is the only company in the Indian Agriculture sector that has registered a technology patent in the Agri Logistics (Warehousing) segment till date that is spanning 75 years post-Independence.

Agri Reach, SLCM Group’s proprietary solution, allows real-time monitoring and management of crops. Under the umbrella, the invention offers a diverse set of services such as audit receipts, quality control, and surveillance. Agri Reach is capable of establishing industry-standard warehouse operations anywhere across the country within 24 hours.

Commenting on this achievement, Sandeep Sabharwal, Chief Executive Officer, SLCM Group, said, “Observing the increasing pace of technology penetration, I had the vision of ‘Phygitalising’ the warehouse management system over a decade ago. With a dedicated team of professionals, we created ‘Agri Reach’ – a system that enables effective warehousing solutions agnostic of infrastructure, geography, and crops. With firm belief in our innovation and a passion to improve Indian agriculture, we applied for the patent 9 years ago. Today, it gives me immense pleasure to say that our patent application has received its accreditation from the Government of India. This brings us one step closer to revolutionising agriculture at the ground level.”

The impact of Agri Reach implementation across the business verticals of SLCM Group has resulted in remarkable growth, which is considered as an industry benchmark. In 2017, SLCM Group was handling Assets Under Management (AUM) worth Rs 1010.9 Crore per day. In comparison to this, the current outstanding AUM handled by the company per day has a net worth of Rs 5322.75 Crore (as on March 20, 2022).

Agri Reach is capable of establishing industry-standard

Company News, Finance

The company also reported PBT of Rs 7 crores as compared to Rs 25 crores in Q3 last year

Mahindra Logistics Limited (MLL), one of India’s large 3PL solutions providers, has announced its consolidated financial results for the quarter ended on December 31, 2021 with revenue at Rs 1118 crore as compared to Rs 1047 crore in Q3 last year and EBITDA at Rs 50 crore against Rs 55 crore last year.

The company also reported PBT Rs 7 crores as compared to Rs 25 crores in Q3 last year and PAT Rs 5 crores compared to Rs 18 crores last year. For the nine months in FY22 revenue was Rs 3010 crore as compared to Rs 2290 crore last year and EBITDA at Rs 149 crore against Rs 101 crore.

Further the company reported that the revenue from warehousing services and solutions in the quarter grew 35 per cent over the same period last year underlining the focus on solutions-led approach to customer’s requirements.

Rampraveen Swaminathan, Managing Director and CEO of Mahindra Logistics, said, “The quarter gone by was a challenging one. Demand from the auto sector continued to be impacted due to semi-conductor supplies; and the festive season too saw moderate growth. We continued to deliver strong revenue performance, especially across Consumer, Pharma and International freight forwarding. Our margins saw pressure due to seasonal manpower costs, lower than expected demand and start-up costs for new projects. The focus continues to be on optimising operating costs. We remain focused on delivering technology driven, integrated solutions for enterprise customers.”

The company also reported PBT of Rs

Logistics, Supply Chain

The MoU will further expand Jammu & Kashmir-Dubai collaboration and Jammu Kashmir-LuLu Group partnership.

The Jammu and Kashmir government has signed a memorandum of understanding (MoU) with Dubai-based Lulu group to set up a food processing and logistics hub in Srinagar on January 6, 2022.

The MoU was signed in Dubai in the presence of Lieutenant Governor Manoj Sinha and LuLu Group Chairman MA Yusuff Ali.

This agreement was signed by J&K Principal Secretary (Industries & Commerce) Ranjan Prakash Thakur and LuLu Group Executive Director Ashraf Ali MA at Dubai.

Commenting on the occasion, Manoj Sinha said the MoU with the LuLu group will further expand Jammu & Kashmir-Dubai collaboration and Jammu Kashmir-LuLu Group partnership.

“Relations between India and the UAE are long-standing and deep-rooted. People-to-people contact and trade have seen momentum in the recent years under the leadership of Prime Minister Narendra Modi,” the Governor said.

“The world-famous GI tagged saffron has been launched at LuLu Hypermarket, which I see as a major step towards boosting Jammu Kashmir and Dubai partnership. LuLu Group is already importing apples from Jammu Kashmir and with saffron, we are adding Kashmir’s finest spice to the basket. I am certain this new beginning will take our trade to unprecedented levels,” he added.

The MoU will further expand Jammu &