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: 

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

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 Energy

Centre Prioritising Energy Security With Coal Gasification

Union minister for Coal and Mines G Kishan Reddy said the Centre is prioritising energy security through a strategic shift to coal gasification and has announced incentives totalling Rs 460 billion (bn) to support the effort. He said more than 35 companies will start coal gasification activities in India within two months and that the government is encouraging firms that bring technology to close the domestic technology gap. The minister described the initiative as aimed at reducing import dependence and developing indigenous capacity. India has the fifth-largest coal reserve in the world, and..

Next Story
Infrastructure Urban

BHEL and Coal India Invest Rs 250 bn in Odisha Gasification

Bharat Heavy Electricals (BHEL) and Coal India (CIL) are jointly investing Rs 250 billion in a coal gasification project in Odisha, with the Prime Minister laying the foundation stone in Jharsuguda. Union Coal and Mines Minister G Kishan Reddy described the initiative as a transformative shift in coal utilisation that will open industrial avenues for the state. The project moves coal beyond conventional power generation to industrial feedstocks. Coal gasification will convert coal into synthesis gas, a versatile feedstock for chemicals, fertilisers and synthetic fuels, and the technology is ex..

Next Story
Infrastructure Energy

BCCL Hands Over Dugdha Coal Washery To JSW Steel

Bharat Coking Coal has handed over the Dugdha Coal Washery to JSW Steel, marking the first coal washery asset monetisation under the Ministry of Coal's asset monetisation programme. The handover took place in the presence of senior officials from Bharat Coking Coal Ltd, JSW Steel and JSW Energy. The washery has a capacity of two million tonnes per annum (mn t per annum), and its transfer is intended to introduce private sector practices into coal beneficiation operations. The monetisation is aimed at modernising coal sector assets, improving operational efficiency and enhancing resource utilis..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement