Celcius Logistics has launched Celcius+, a specialized logistics arm for the pharmaceutical supply chain, investing ₹50 crore to create a dedicated pharma fleet and infrastructure. The company aims to achieve ₹100 crore in annual recurring revenue within 18 months.
Celcius Logistics enters pharma cold supply chain with Rs 50 crore investment
Beijing doors ajar for trade package delivery
2 months ago
India and China are poised to begin discussions on a trade package encompassing critical rare earth magnets, fertilizers, and pharmaceuticals, potentially signaling a thaw in relations amid global trade tensions. Consultations are expected around the time of the SCO summit.
Indian trade negotiators are set to convene later this month to strategize for the upcoming WTO ministerial conference and prepare for the country’s trade policy review next year. The focus will be on WTO reform, particularly restoring the dispute settlement mechanism and consensus-based decision-making. India also aims to address trade distortions caused by non-market economies […]
Finance ministry’s expenditure finance committee to take up ₹2,250-cr export promotion mission
2 months ago
The Finance Ministry will soon consider a proposal from the Commerce Ministry. The proposal involves setting up a ₹2,250 crore export promotion mission. This mission aims to boost exports. It will likely include credit schemes for MSMEs and e-commerce exporters. Overseas warehousing and global branding are also planned. This initiative is crucial due to US […]
Bengaluru’s Kempegowda International Airport saw a successful mango export season. The airport shipped 921 metric tonnes of mangoes, equivalent to 31.5 lakh fruits. This represents a 12% increase compared to last year. The mangoes came from Karnataka and nearby areas. Shipments reached 51 international destinations, including 19 new locations. Top destinations included Dulles, Dallas-Fort Worth, […]
India is now negotiating free trade agreements with other nations on an equal footing, reflecting the country’s strengthened position under Prime Minister Modi. Minister Prasada highlighted India’s firm stance during FTA negotiations, emphasizing the nation’s rapid economic growth. The inauguration of the expanded Intellectual Property Office in Dwarka signifies India’s commitment to innovation and intellectual […]
India’s logistics industry witnesses a boom. However, MSMEs in Tier 2 cities face PTL shipping challenges. Bigship aims to bridge this gap with its courier aggregator model. It offers real-time tracking and rate comparisons. Bigship focuses on lowering logistics costs and improving delivery flexibility for MSMEs. The company expands delivery coverage across India.
Global trade faces a significant transformation marked by rising protectionism and geopolitical tensions. Businesses must navigate a fragmented landscape with complex legal challenges, including sanctions and diverging regulations. Strategic foresight, diversification, and local expertise are crucial for resilience and seizing opportunities in this evolving trade order, where legal strategy is paramount.
Crisil reports that the 25% tariffs on Indian goods due to Russian oil purchases could render exports to the US “unviable,” impacting sectors like diamond polishing, shrimp, and home textiles. Other sectors with US trade exposure, including garments and chemicals, also face potential repercussions.
A parliamentary panel suggests India raise concerns about the EU’s anti-deforestation rules at the WTO. They want a review of free trade agreements’ effects on the spice trade. The committee urges promoting ‘Make in India’ for leather goods to protect artisans. They highlight the need to safeguard Indian spice farmers’ interests in trade deals.