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1.APSEZ acquires 75 per cent stake in KPCL

Adani Ports and Special Economic Zone (APSEZ) 5 October completed the acquisition of the Krishnapatnam Port Company Limited (KPL) in Andhra Pradesh for an enterprise value of Rs 120 billion but at a lower enterprise value compared with the deal that APSEZ signed with KPL at the beginning of the year. Present enterprise value is 13 per cent lower than the original deal value of Rs 135 billion.


2.Green Logistics Parks & Warehouses Rating System

The rating system is exclusively developed to address storage facilities in India.


3.Auto Scrappage Policy soon: Will CV market dynamics change?

The Policy is expected to oust polluting vehicles that are 15 years old.


4.CBRE provides services across 100 cities

CBRE recently crossed the milestone of providing services across 100 cities in India.


5.GIC expected to invest about Rs 7.50 bn out of the targeted corpus of Rs 22.50 bn.

The Government of Singapore Investment Corporation is in the final round of talks with ESR to invest in their second India focused logistics funds. ESR Cayman is a logistics real estate platform backed by a private equity firm Warburg Pincus. GIC is expected to invest approximately Rs 7.50 billion out of the targeted corpus of Rs 22.50 billion, as reported earlier.


6.Safexpress launches its 54th ultra-modern logistics park in Rudrapur.

Safexpress, among India’s largest supply chain and logistics companies, has launched its ultra-modern logistics park in Rudrapur. This state-of-the-art facility is strategically located on National Highway 109. On this occasion, senior dignitaries from Safexpress were present to launch the Safexpress Logistics Park at Rudrapur. These included SK Jain, Vice President and Piyush Jain, Regional Manager-Uttarakhand and Mohit Rai, Area Manager, Rudrapur.


7.Domestic road transportation: Outlook negative

Sector expected to contract by 18-20% in FY2021 due to pandemic-induced challenges.


8.110-acre warehousing project

Welspun One signs Rs 9-bn MoU with Maharashtra Govt for its 110-acre warehousing project in Bhiwandi.


9.Welspun One signs Rs 9-bn MoU with Maharashtra Govt for its 110-acre warehousing project in Bhiwandi.

Welspun One Logistics Parks (WOLP) has launched its maiden 110 acre Grade-A warehousing park with a leasable area of 3.2 million sq ft and an estimated investment of Rs 9 billion (US$ 120 million) in Bhiwandi – a key warehousing market in Mumbai Metropolitan Region (MMR), India’s largest consumption centre.


10.Cement, steel availability and prices regularised?

The supply chain disruptions affected a large number of infra projects.


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