Delhivery to expand logistics infra in Greater Mumbai, Bengaluru

24 Jun 2022 CW Team

Logistics services provider, Delhivery, told the media that it plans to expand its infrastructure in the two key cities of Bhiwandi in Greater Mumbai and Bengaluru.

The firm is collaborating with Welspun on a 700,000 sq ft mega-gateway in Greater Mumbai and with GMR Enterprises Limited for an over 1 million sq ft facility in Bengaluru, including a warehouse for multi-channel order fulfilment for the customers.

These fully-automatic large integrated trucking terminals are expected to be operational by 2023 and increase Delhivery's processing capacity to cater to the customer demand from the South and West regions.

Chief Operating Officer (COO) of Delhivery, Ajith Pai, said that the company would continue to drive speed, reliability, and cost-efficiency for all the customers through these ongoing investments.

CEO of GMR, Bodapati Bhaskar, said that with the growth of the cargo sector across India, there is a need to expand the logistics infrastructure.

Managing Director of Welspun One Logistics Parks, Anshul Singhal, said that with the increasing logistics and warehousing sector passing a transformational phase in India, this collaboration would take the company a step closer to positively value-adding to its customer's business requirements.

Image Source

Also read: Delhivery acquires Bengaluru-based Spoton Logistics

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..