Gati anticipates 18-20% rise in festive demand 2023
WAREHOUSING & LOGISTICS

Gati anticipates 18-20% rise in festive demand 2023

The Allcargo group's subsidiary, Gati, announced that it anticipates an 18-20% rise in demand during the festive season, particularly in sectors like e-commerce and white goods, among others, for the current year. The company expressed its readiness to address this expected surge through its improved warehousing and service delivery capabilities.
In addition to a substantial surface transhipment centre and distribution warehouse located in Bhiwandi, Thane district, Maharashtra, Gati also operates surface transhipment centers (STCs) in Farukh Nagar (Haryana), Indore, Nagpur, and Guwahati.
Gati Express and Supply Chain (GESCPL) announced that the company would assist SMEs in those regions in expanding into more diverse geographical markets during the festive season.
Rajesh Gowrinath, Senior Vice President for Sales at Gati, commented, "We are fully prepared with our enhanced delivery capabilities to meet the festive demand surge and the increase in order volume. We expect an 18-20% increase in festive demand this year."
The company foresees an upswing in the e-commerce sector, as well as in white goods, consumer durables, and FMCG segments during this period. Furthermore, Gati asserted that it can handle 20% more cargo loads at any time throughout the year due to its on-going capacity and efficiency improvement measures.
Gowrinath stated, "To support volume-based e-commerce logistics fulfilment during the festive season, we have expanded our network capacity by 20-25% to accommodate peak season loads and enhance delivery efficiency."

Also read: 

The Allcargo group's subsidiary, Gati, announced that it anticipates an 18-20% rise in demand during the festive season, particularly in sectors like e-commerce and white goods, among others, for the current year. The company expressed its readiness to address this expected surge through its improved warehousing and service delivery capabilities.In addition to a substantial surface transhipment centre and distribution warehouse located in Bhiwandi, Thane district, Maharashtra, Gati also operates surface transhipment centers (STCs) in Farukh Nagar (Haryana), Indore, Nagpur, and Guwahati.Gati Express and Supply Chain (GESCPL) announced that the company would assist SMEs in those regions in expanding into more diverse geographical markets during the festive season.Rajesh Gowrinath, Senior Vice President for Sales at Gati, commented, We are fully prepared with our enhanced delivery capabilities to meet the festive demand surge and the increase in order volume. We expect an 18-20% increase in festive demand this year.The company foresees an upswing in the e-commerce sector, as well as in white goods, consumer durables, and FMCG segments during this period. Furthermore, Gati asserted that it can handle 20% more cargo loads at any time throughout the year due to its on-going capacity and efficiency improvement measures.Gowrinath stated, To support volume-based e-commerce logistics fulfilment during the festive season, we have expanded our network capacity by 20-25% to accommodate peak season loads and enhance delivery efficiency.Also read: E-rickshaw associations urge Inclusion in Vision 2030                  Delhi-Mumbai Eway faces issues despite reduced travel time            

Next Story
Infrastructure Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement