Abhyansh at the India Warehousing and Logistics Show 2023

Abhyansh Shipping Services recently had the opportunity to participate in the India Warehousing and Logistics Show, an esteemed event held at the Bombay Exhibition Centre in Goregaon, Mumbai. As one of the prominent players in the industry, Abhyansh Shipping Services seized this chance to engage with manufacturers, business development teams, logistics managers, zonal heads, and R&D heads, among others.

The India Warehousing and Logistics Show has established itself as a vital platform for businesses operating in the warehousing and logistics sector. With a successful history spanning nine years, the event prides itself on being an established platform that identifies market trends and showcases a wide range of products related to material handling, storage, racking, automation, infrastructure, supply chain, protective packaging, AIDC, and commercial vehicles.

By participating in this exhibition, Abhyansh Shipping Services aimed to explore and learn about the latest solutions, services, and technologies required to run a successful supply chain operation. The company recognized the immense value in being present at such an event, as it provided an enticing platform to enhance its brand reach and connect with peers in the industry.

The choice of Mumbai as the venue for this event was particularly significant for Abhyansh Shipping Services. Known as the gateway to the warehousing capital of India, Mumbai holds great importance in the logistics community. By attending the India Warehousing and Logistics Show in Mumbai, Abhyansh Shipping Services recognized the strategic advantage of being at the heart of Western India’s business platform for warehousing and logistics.

During the three-day event, Abhyansh Shipping Services made the most of their presence by actively engaging with various stakeholders. With Mr. Umesh Pandey representing Abhyansh as their official representative at the event, they seized the opportunity to network with manufacturers, business development teams, logistics managers, zonal heads, R&D heads, and other key individuals in the industry. These interactions allowed Abhyansh Shipping Services to gain valuable insights into market trends and establish connections that could potentially lead to future collaborations and partnerships.

As a visitor at the India Warehousing and Logistics Show, Abhyansh had the chance to witness the launch and display of the latest solutions, services, and technologies that are crucial for running a successful supply chain operation. By staying updated with these advancements, Abhyansh can ensure that they remain at the forefront of innovation in their field.

Overall, Abhyansh’s participation at the India Warehousing and Logistics Show was a significant milestone for the company. By attending this renowned event, they demonstrated their commitment to staying ahead in an ever-evolving industry. The connections made and knowledge gained during this exhibition will undoubtedly contribute to their continued success as a leading player in the warehousing and logistics sector.

Unlocking India’s Maritime Potential: GMIS 2023 Review

The Global Maritime India Summit (GMIS) 2023, a three-day extravaganza that concluded recently, has set new benchmarks for the maritime industry. The event, which stands as one of the largest maritime summits globally, achieved a monumental feat by securing investments totaling ₹10 lakh crores. This milestone represents a significant stride toward realizing Prime Minister Shri Narendra Modi’s visionary ‘Amrit Kaal Vision 2047,’ aimed at channeling ₹80 trillion into the maritime sector’s development by 2047.

At the valedictory session of GMIS 2023, the ‘GMIS 2023 Mumbai Declaration’ was unveiled. This historical moment featured distinguished personalities, including the Union Minister of Ports, Shipping & Waterways and Ayush, Sarbananda Sonowal, Union Minister of Finance, Smt. Nirmal Sitharaman, Union Minister of Commerce & Industry, Shri Piyush Goyal, and many other esteemed guests.

GMIS 2023 witnessed a remarkable gathering, with more than 50,000 physical and virtual attendees and participation from over 215 international and national speakers. These numbers underscored the event’s international stature, creating opportunities for maritime stakeholders at both domestic and global levels.

The success of GMIS 2023 can be attributed to a multifaceted approach, combining financial investments, policy advancements, and a commitment to innovation. This summit exemplified India’s focus on research and development, particularly in the field of maritime technology. Initiatives like the Digital Centre of Excellence for Maritime Efficiency (COEME) and an emphasis on leveraging India’s maritime startup ecosystem showcased the government’s dedication to technological advancement.

Sustainability was a key theme throughout the event, with discussions centered on green ports, shipping, and carbon neutrality. India’s plans to reduce greenhouse gas emissions and employ green fuels, renewable energy, and electrified equipment for yard operations were lauded. By focusing on these environmentally conscious practices, India is poised to lead in addressing climate change within the maritime industry.

GMIS 2023 also recognized the invaluable contributions of seafarers, designating them as ‘Key Workers’ in line with the United Nations’ acknowledgment. India’s remarkable ascent to the 5th position in global seafarer supply was celebrated, reflecting years of effort in cultivating industry-ready talent. The importance of providing seafarers with a supportive and comfortable working environment in the post-pandemic era was emphasized.

The event’s sessions and roundtables touched on crucial aspects of the maritime sector, including regional development initiatives, economic corridors, and the development of ports to connect India with Europe. The prospects in India’s cruise sector were highlighted, with the government’s commitment to its growth evidenced by measures such as creating cruise terminal infrastructure, incentivization, and regulatory frameworks in line with international standards.

GMIS 2023 not only celebrated the achievements of India’s maritime sector but also offered insights into the future of the global maritime industry. With the launch of Maritime Amrit Kaal Vision 2047, a roadmap for the maritime sector’s development for the next 25 years, India aims to unlock investments totaling ₹80 lakh crores by 2047, marking a pivotal step towards self-reliance.

At a roundtable on Global Economic Corridors, CEOs from international and Indian companies came together to discuss the prospects of global economic corridors. A total of 60 representatives from various countries and 21 ministers from 10 countries participated in various sessions. The presence of Prime Minister Shri Narendra Modi at the inaugural session, where he laid the foundation for projects worth ₹18,800 crores and launched Maritime Amrit Kaal Vision 2047, further highlighted the government’s commitment to the maritime sector’s growth.

GMIS 2023 will be remembered as a testament to India’s growing prominence in the maritime industry, setting the stage for a future driven by innovation, sustainability, and economic growth.

Abhyansh Shipping Services Empowers the Home Textile Industry at International Home Textile Summit 2023

Abhyansh Shipping Services, a prominent leader in the shipping and logistics industry, made a significant mark at the International Home Textile Summit 2023 held at the prestigious HHI Hotel, Varanasi on 23rd September 2023. The event, themed “Unlock the Potential of the Home Textile Industry,” brought together industry leaders, experts, and policymakers to explore opportunities and challenges in the rapidly evolving sector.

The summit, which was supported by the Government of India, featured renowned dignitaries and experts. Among the distinguished guests were the Chief Guest, Shree Suresh Prabhu Ji, Chancellor Of Rishihood University and Former Minister of Civil Aviation, Railways, Commerce and Industry, who graced the occasion and joined remotely through video conference. The event was also blessed by the presence of Cabinet Minister Mr. Anil Rajbhar and Minister of State Dr. Daya Shankar Mishra.

Abhiraj Gupta, the Co-founder and Managing Director of Abhyansh Shipping Services, was honored with an invitation to speak at the event, reflecting the company’s prominent position in the industry. Gupta’s participation emphasized Abhyansh Shipping Services’ commitment to driving positive changes within the home textile sector.

The summit featured a lineup of international speakers from countries such as Russia, Libya, Canada, and Iran who shared their insights on various facets of the Indian home textile industry including their challenges related to imports and exports. Ms. Anshika V, representing Abhyansh Shipping Services, participated in a panel discussion focused on a crucial topic: “Competing with China in the International Market.”

Anshika V’s presentation provided a unique perspective on the textile industry, viewed through the lens of logistics and shipping. She shed light on several government initiatives aimed at propelling the logistics and shipping sector, including Gati Shakti, Sagarmala, and Bharatmala. Anshika also highlighted India’s forward-looking policy, Maritime India Vision 2030, which envisions significant improvements in the country’s port infrastructure, streamlining of customs clearance processes, and the digitalization of the industry.

Anshika emphasized the importance of simplifying logistics and shipping processes, allowing for greater transparency and efficiency in operations. Digitization, she noted, would play a pivotal role in ensuring that all stakeholders remained well-informed about industry regulations and developments. These enhancements, Anshika stressed, would lead to reduced shipping costs and improved turnaround times.

Furthermore, Anshika V spoke passionately about empowering rural women engaged in handcraft and embroidery by leveraging digitization and providing them with valuable training opportunities. She underscored the potential for these advancements to accelerate the movement of inputs and finished textile products at record speeds and reduced costs.

“We believe that by combining the strengths of the logistics and shipping sector with the home textile industry, we can create a more efficient and competitive ecosystem,” stated Anshika V. Abhyansh Shipping Services’ involvement in the International Home Textile Summit 2023 reaffirms its commitment to driving positive change and innovation within the shipping and logistics sector, ultimately benefiting industries across India.

Navigating New Horizons: Our Journey at Aakar Event, Greater Noida

We are thrilled to share our experience and insights from the Aakar Event, a dynamic three-day affair that unfolded at Greater Noida. The event, a convergence of diverse industries, provided us with an exceptional opportunity to not only immerse ourselves in the latest trends but also showcase our prowess in export-import logistics.

Our participation in the Aakar Event was driven by a clear objective – to explore the intricate threads that weave through industries such as medical equipment, handicrafts, and DJ sound box imports. As we engaged with traders, manufacturers, and importers, we recognized the potential to leverage our expertise and establish symbiotic relationships.

Over the course of three days, we embarked on a journey of discovery and connection-building. Networking became the cornerstone of our engagement, enabling us to unravel the nuances of different sectors and comprehend the challenges and aspirations that define them.

Engaging with participants exposed us to the cutting-edge advancements across medical equipment, intricate handicrafts, and the mesmerizing world of DJ sound boxes. This immersion not only enriched our understanding but also positioned us as the bridge between innovation and seamless logistics.

Our active promotion of export-import logistics services resonated with attendees. Through meaningful conversations, we left an indelible mark as a reliable partner committed to optimizing their logistical endeavors.

Participation in seminars and discussions opened windows to evolving market trends, regulatory updates, and shifts in consumer preferences. Armed with this knowledge, we are poised to fine-tune our strategies and tailor our services to dynamic market demands.

An astute analysis of our fellow logistics providers provided invaluable insights into their strengths and weaknesses. This competitive landscape understanding positions us strategically to chart our own course in the market.

The outcomes of our participation have been truly rewarding. We’ve woven valuable connections across the medical equipment, handicrafts, and DJ sound box domains. These connections hold the potential to flourish into collaborative ventures, ushering in new dimensions of growth.

The insights we gathered about distinct product categories are now integral to enhancing our logistics services. With tailor-made solutions, we’re better equipped to navigate the intricate paths of diverse industries.

Building upon the Aakar Event’s momentum, our journey continues. We’re committed to nurturing the connections established, infusing newfound knowledge into our services, and remaining at the forefront of industry trends. The Aakar Event wasn’t just an event; it was a portal to opportunity. As we reflect on the connections made, knowledge absorbed, and lessons learned, we are excited to forge ahead, steering our ship toward a horizon of growth and excellence.

Celebrating Excellence: Recap of our CEO’s Experience at MALA 2023

The grand stage was set, the atmosphere brimming with anticipation, and the maritime and logistics industry’s finest gathered at the 13th edition of the All India Maritime And Logistics Awards (MALA). Held on August 24, 2023, at the opulent Hotel JW Marriott Mumbai Sahar’s Grand Ballroom, the event was a testament to the dedication, innovation, and achievements within this dynamic sector.

MALA has evolved into more than just an awards ceremony; it’s a benchmark of quality, a celebration of best practices, and a showcase of innovation. Spanning across various segments of the maritime and logistics domain, these awards are a tribute to the tireless efforts of companies and individuals who have gone above and beyond.

The selections are made by a distinguished jury, comprised of luminaries from the industry itself. This ensures that the recognition is not just an accolade, but a true representation of the sector’s values, achievements, and aspirations.

The aura of the event reflected the prestige of the awards. The anticipation was palpable, and the ceremony saw an assembly of the industry’s crème de la crème. The guest list included stalwarts, professionals, policymakers, and regulators, past and present. The sheer presence of these luminaries added a sense of camaraderie and unity to the evening.

One of the hallmarks of MALA is its fairness and transparency. The awards hold immense credibility, as they are meticulously scrutinized by a panel of eminent jury members. The selection process is based solely on merit, focusing on performance and key parameters from April 2022 to March 2023. This commitment to transparency ensures that the awardees truly embody excellence in their respective categories.

We would like to congratulate the proud winners of MALA 2023. AllCargo Terminals, Hapag-Lloyd, Teamglobal Logistics Pvt. Ltd. (Winner of LCL Consolidator), Zipaworld (Winner of Digital Freight Forwarder), and Seashell Logistics (Winner of Project Logistics Personality) have won the awards and added feathers to their caps.

MALA 2023 was not just an event; it was a convergence of minds, a celebration of achievements, and a platform to honor the exemplary contributors to the maritime and logistics realm. The gala awards night was a reminder of the sector’s vitality, its commitment to growth, and its unyielding pursuit of excellence.

As our CEO attended this prestigious event, he witnessed firsthand the spirit of unity, innovation, and excellence that defines the maritime and logistics industry.

Here’s to the excellence that propels this industry forward, and to many more years of celebrating remarkable achievements at the All India Maritime And Logistics Awards.

Surging Ahead: India’s Industrial & Logistics Leasing Sees 35% YoY Growth in H1 2023

In a promising sign of economic resurgence, India’s industrial and logistics leasing activity has registered a remarkable 35% year-on-year increase, reaching a staggering 19.1 million sq. ft. across eight major cities during the first half of 2023. This significant surge, reported by CBRE South Asia Pvt. Ltd., underscores the resilience and vitality of the sector in the face of evolving market dynamics.

Leading this surge was the dynamic trio of Delhi-NCR, Mumbai, and Chennai, which collectively contributed 60% of the total leasing activities between January and June. The report reveals that except for Bengaluru, all cities demonstrated a substantial upswing in industrial and logistics leasing in comparison to the same period last year.

The industrial and logistics sector has not only witnessed an impressive leasing upturn but has also seen a noteworthy growth on the supply side. With a remarkable 78% year-on-year increase, the supply side recorded a total of 17.7 million sq. ft. during the first half of 2023. This robust growth can be attributed to the release of pent-up supply in select cities.

Key cities contributing significantly to this surge in supply included Chennai, Kolkata, and Mumbai, collectively accounting for more than half of the total project completions. This surge was bolstered by major developers, backed by institutional funds, who played a pivotal role, contributing approximately 39% to the overall supply during this period.

Unveiling a prominent trend, the report highlighted the substantial presence of third-party logistics (3PL) players in the leasing activity, commanding a remarkable 43% share in H1 2023. E-commerce, retail, and manufacturing entities are increasingly outsourcing their supply chain processes to 3PL firms, harnessing storage optimization, enhanced flexibility, and operational cost curtailment.

The e-commerce and retail sectors individually accounted for a 9% share each in leasing activity. Moreover, auto & ancillary (7%), FMCG (6%), and electronics and electricals (5%) sectors have collectively enriched the leasing landscape, further diversifying the industry.

A closer examination of the market’s leasing landscape reveals a preference for smaller-sized transactions (<50,000 sq. ft.), constituting 44% of the leasing activities in H1 2023. Medium-sized transactions (50,000 – 100,000 sq. ft.) and large-sized deals (over 100,000 sq. ft.) constituted about 24% and 32% of the activity, respectively.

Delhi-NCR, Mumbai, and Chennai emerged as key players in closing large-sized deals, collectively accounting for a commendable 65% of such transactions. Driven primarily by 3PL players, followed by engineering & manufacturing and retail firms, these deals have collectively contributed to around 70% of large-sized deal closures.

Anshuman Magazine, Chairman & CEO – India, South-East Asia, Middle East & Africa, CBRE, aptly encapsulated the sector’s trajectory, stating, “The second half of the year foresees a consistent influx of leasing activities, paving the way for an estimated 32-36 million sq. ft. uptake of Industrial and Logistics (I&L) space in 2023.”

As the industrial and logistics sector continues to evolve, it finds itself at the nexus of increased 3PL engagement, strategic supply chain optimization, and burgeoning consumer demand across diverse sectors. This upward trajectory is set to reshape India’s real estate landscape and further amplify the nation’s economic prowess.

Revolutionizing India’s Shipping and Logistics Industry: The Impact of Bharatmala Pariyojana

India’s shipping and logistics industry is set to witness a transformative shift with the implementation of the ambitious Bharatmala Pariyojana initiated in 2015. Union Minister Nitin Gadkari recently unveiled the government’s plans to construct 10,000 km of greenfield expressways at a staggering cost of Rs 4.5 lakh crore. This groundbreaking initiative, aimed at strengthening the country’s road network, is expected to have far-reaching implications for the shipping and logistics sector, heralding a new era of connectivity, efficiency, and economic growth.

At the heart of Bharatmala Pariyojana lies the vision to create an extensive and well-connected road network spanning 65,000 km across the country. This includes a phase 1 road network of 34,800 km, along with the construction of 10,000 km of greenfield expressways. By providing seamless connectivity between cities, ports, and industrial hubs, this transformative project will significantly enhance accessibility, opening up new avenues for trade and commerce.

The expansion and improvement of India’s National Highway (NH) network have been key priorities under Bharatmala Pariyojana. With the NH network witnessing significant growth from 91,000 km in 2014 to nearly 1.45 lakh km at present, the logistics industry stands to benefit from enhanced transportation routes. The seamless flow of goods and reduced transit times will translate into improved efficiency and productivity, enabling businesses to optimize their supply chain operations.

One of the key objectives of Bharatmala Pariyojana is to connect remote areas and foster regional development. The establishment of new infrastructure projects and greenfield expressways will unlock the economic potential of previously inaccessible regions, enabling their integration into the mainstream economy. This inclusive approach will not only spur industrial growth but also create employment opportunities and uplift local communities.

The government’s focus on asset monetization presents a significant opportunity for the private sector to invest in India’s infrastructure development. NHAI has generated over Rs 70,000 crore through innovative financing models such as toll-operate-transfer (ToT), National Highways Infra Trust (InVIT), and securitization via Special Purpose Vehicles (SPVs). This inflow of capital will support the construction of new highways, bridges, and expressways, further bolstering the nation’s logistics infrastructure.

Bharatmala Pariyojana aligns with the government’s commitment to sustainable development. The project emphasizes the construction of greenfield expressways, incorporating eco-friendly practices and technologies. By reducing carbon emissions, optimizing fuel consumption, and promoting the use of renewable energy sources, this initiative showcases the industry’s dedication to minimizing its environmental impact. It sets the stage for a greener and more sustainable future for the shipping and logistics sector.

The implementation of Bharatmala Pariyojana marks a significant milestone in India’s shipping and logistics industry. With its focus on connectivity, efficiency, and regional development, this transformative initiative is poised to propel the nation towards a more prosperous future. As the government continues to invest in infrastructure and promote public-private partnerships, the shipping and logistics industry stands to reap the benefits of improved connectivity, enhanced efficiency, and sustainable growth. The dawn of Bharatmala Pariyojana promises a new era of progress and opportunities for all stakeholders in the dynamic landscape of India’s shipping and logistics sector.

How to Bring Sustainability to Logistics?

Sustainability has become an increasingly important concept in today’s world. And the recent G20 Summit has again highlighted the importance of the concept.

The concept applies not only to the environment but also to other aspects of life, including logistics. Logistics is the key to successful business operations, and its primary goal is to ensure that materials and information flow efficiently and effectively from one point to another. Logistics is a complex system that involves multiple stakeholders, from suppliers to consumers, and must be managed properly in order to maximize efficiency and profits.

The concept of sustainability applied to logistics is particularly important because it requires balancing profitability and the environment. This means that in order to be successful, logistics must not only increase profitability but also reduce the environmental impact. The challenge is to design and implement processes and practices that will result in a net positive effect on the environment while at the same time meeting business goals.

There are a variety of ways that sustainability can be incorporated into a successful logistics strategy.

One way is to implement green practices, such as using renewable energy sources, reducing packaging and waste, and increasing the use of recycled materials. Additionally, companies can develop strategies to reduce their carbon footprint, such as using more efficient transportation and delivery methods or reducing the amount of emissions produced by vehicles.

In addition to green practices, other strategies can be used to improve the sustainability of logistics. One example is to focus on the utilization of resources. This can involve utilizing existing resources more efficiently, as well as implementing new processes that reduce waste and conserve energy. Companies can also take steps to reduce their overall costs, such as using more efficient technology and investing in better planning and management processes.

Finally, companies should strive to make sure that their logistics operations are as transparent as possible. This means providing accurate information to customers and suppliers so that they can understand where their materials are coming from, how they are being transported, and how they are affecting the environment. Doing this will help to ensure that all stakeholders are aware of the company’s commitment to sustainability and that the company is adhering to environmental regulations.

Sustainability is an important concept for all businesses, but especially for those that are responsible for the logistics of materials and information. By focusing on green practices, improving resource utilization, and increasing transparency, companies can ensure that their logistics operations not only increase profitability but also reduce their environmental impact. Doing so will help companies stay competitive, remain profitable, and protect the environment.

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