Supply chain will drive mid-term growth for Mahindra Logistics

12 Jan 2021 CW Staff

With shared mobility facing a downslide due to the pandemic, the supply chain business will drive growth for Mahindra Logistics Ltd (MLL) over the mid-term. The supply chain division, which contributed 89% to the company's revenue in FY20, is looking to grow in non-automotive areas.

Rampraveen Swaminathan, MD and CEO of Mahindra Logistics, told a leading business publication that the company's growth focus would be re-oriented substantially towards the supply chain business over the mid-term. The demand for shared mobility will take at least 18-24 months to return to pre-pandemic levels, Swaminathan added.

Mahindra Group created a separate vertical, Mahindra Mobility Services, in April 2020, in a bid to explore new opportunities around mobility services. The business covers Mahindra Logistics, including its B2B mobility division Alyte, First Choice Wheels, or the used car business, besides new acquisitions such as Zoomcar and Meru.

Swaminathan said Mahindra Logistics is looking to grow its fast-moving consumer goods, consumer durables, e-commerce verticals, and pharma, among others.

The company's supply chain vertical comprises warehousing, transportation and freight forwarding businesses. Warehousing alone constitutes about 20% of the business. MML said that it is adding 1.5-2 million sq ft of warehousing space every year via long-term leasing, adding that freight forwarding is growing at 15-20% each year.

Image Source

Infrastructure Transport

12 Mar 2026

Kavach 4.0 Commissioned on Delhi–Mumbai and Delhi–Howrah

"Kavach version four has been commissioned on 1,452 route km, covering the high density Delhi–Mumbai and Delhi–Howrah corridors. The rollout included laying 8,570 km of optical fibre, installation of 1,100 telecom towers, deployment of trackside equipment over 6,776 RKm and establishment of 767 station data centres. Trackside implementation has been taken up on 24,427 RKm covering Golden Quadrilateral, Golden Diagonal and High Density Network sections. The programme aims to strengthen signalling and train protection on key routes.Kavach is an indigenously developed automatic train protecti..

Railways Advance Kalyan–Murbad Line And Mumbai Capacity Expansion

"Indian Railways is advancing multiple rail infrastructure projects in Maharashtra, including the sanctioned Kalyan–Murbad new line and sizable investments under the Mumbai Urban Transport Project and the Mumbai–Ahmedabad High Speed Rail project. The Kalyan–Murbad 28 km new line has been sanctioned at Rs 8.36 billion (bn) on a 50:50 cost-sharing basis with the Government of Maharashtra and has been declared a Special Railway Project for land acquisition; proposals covering 214 hectares are at various stages of acquisition. Budgetary outlay for projects falling fully or partly in Maharash..

Parliamentary Panel Flags Funding Gaps in Heavy Industries

"The Department-Related Parliamentary Standing Committee on Industry (Rajya Sabha) presented its 332nd report on the Demands for Grants 2026-27 of the Ministry of Heavy Industries (MHI). Figures converted from crore and lakh are expressed in million (mn). The Budget Estimates 2026-27 for the Ministry stand at Rs 79,399 mn against a projected requirement of Rs 94,843.2 mn, a shortfall of about 16 per cent, with revenue at Rs 79,370.8 mn and capital compressed to Rs 28.2 mn from Rs 5,020 mn.The committee flagged recurring BE-to-RE compression and declining revised estimate utilisation, and calle..