Mahindra Logistics business impacted due to Covid-19

24 Jun 2021 CW Team

Mahindra Logistics experienced a significant impact on its business in the last two months due to lockdowns imposed on various states. But now, it's on the way to a stronger recovery path after expecting its momentum to consolidate in the next half of this fiscal year.

According to media reports, due to Covid-19 lockdowns and restricting easing in various states, the company is carrying positivity in its business outlook from June to the third and fourth quarter of FY22.

Mahindra Logistics is a logistic service provider that offers solutions in two business segments: supply chain management and enterprise mobility. The company provides supply chain solutions to vast industry verticals like engineering, consumer goods, telecom, pharmacies, commodities, and e-commerce.

Explaining the challenges in the recent months, MD and CEO of Mahindra Logistics, Rampraveen Swaminathan, said that the company faced an impact due to the lockdowns regarding demand beyond many geographies. He also said that e-commerce was restricted only to essential services.

According to Swaminathan, the situation will improve from the second quarter, with the second wave of the pandemic coming under control.

Mahindra Logistics has redesigned most of its operating processes and warehouse to raise production and to lower the availability of manpower to reduce the impact of the probable third wave of the Covid-19 pandemic.

The company cannot fully mitigate the broader set of regulatory actions. If there is a larger lockdown, the company cannot mitigate that impact, and there is something out of its direct control, Swaminathan said.

Image Source

Also read: Real estate hit badly by pandemic, confirms Brickwork Ratings report

Infrastructure Urban

11 Mar 2026

India Expands Semiconductor Training To 500 Institutions

Under the Chips to Startups programme of the India Semiconductor Mission, the Union minister responsible for Railways, Information and Broadcasting, and Electronics and IT reported notable progress in talent development. He indicated that over the past four years substantial steps have been taken towards a 10-year target of training 85,000 engineers in semiconductor design. World-class EDA tools have been deployed in 315 academic institutions across the country to provide students with practical exposure to chip design. These EDA tools are supported by leading global firms and are accessible t..

Delhi Institutions Support India Semiconductor Mission

The Government of India has prioritised talent development through training, upskilling and workforce development under the Chips to Startups initiative of the India Semiconductor Mission, with officials noting progress in four years towards a 10-year target of training 85,000 engineers in semiconductor design. Electronic design automation tools provided by Synopsys, Cadence, Siemens, Renesas, Ansys and AMD have been deployed in 315 academic institutions, enabling students to gain practical chip design experience. Chips have been fabricated and tested at the Semiconductor Laboratory, Mohali, a..

NHA Announces Winners Of NHCX Hackathon At IIT Hyderabad

The National Health Authority (NHA) has concluded the NHCX Hackathon under the Ayushman Bharat Digital Mission (ABDM) to stimulate innovation around the National Health Claims Exchange (NHCX). The winning teams presented their solutions at the NHCX Innovation Meet held at IIT Hyderabad during a two-day event in March 2026 that also served as the hackathon grand finale. The hackathon itself ran from 22 to 28 February 2026 and aimed to accelerate paperless, transparent claims processing across India. The event was organised with a range of ecosystem partners, including the Insurance Regulatory a..