![Union Budget 2024: A catalyst for India's logistics and economic growth](https://images.assettype.com/fortuneindia%2F2017-07%2Fc57fae06-d886-4572-bed8-104aad9c3f29%2Fimage.jpg?rect=0,23,823,412&w=300&q=95)
Union Budget 2024: A catalyst for India's logistics and economic growth
At the heart of this budget is a continued focus on capital expenditure which shall provide a significant boost to our economy through the consequent ripple effect.
At the heart of this budget is a continued focus on capital expenditure which shall provide a significant boost to our economy through the consequent ripple effect.
The sector has also called for investment in technology and digitisation for smooth functioning of the sector.
The IPO of the trucking platform is a mix of fresh equity shares worth ₹550 crore and an OFS of up to 2.16 crore shares.
Post Q4 results, ICICI Securities and Prabhudas Lilladher have given ‘BUY’ calls on Delhivery stock with target prices in the range of ₹530 to ₹600.
Softbank looks to raise around $150 million by selling around 4% stake in Delhivery via block deal route.
Shashi Kiran Shetty has strengthened Allcargo’s position among logistics majors by navigating a massive ransomware attack, addressing market dynamics and implementing a transformation plan.
Despite facing the challenges of a funding winter, India ranks as the "fifth highest funded country" in Q3 2023, says Tracxn’s Geo Quarterly Report
REC and PNB will co-finance loans worth ₹55,000 crore over the next three years to the power sector and infrastructure & logistics sector projects.
The share price of supply chain solutions provider snaps four sessions losing streak after its June quarter loss increased to ₹65.3 crore in Q1 FY24.
The Dedicated Freight Corridor project — scheduled for completion in June 2024 — needs to meet the stated objective of lowering logistics costs for users.