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Booster shot for economy! French firm FM Logistic to invest 150 million dollars in India, create new jobs - All details here
Tue, Sep 24, 2019
Talking exclusively to Zee Business Digital, Jeremy Lefevre, Construction Director Asia, NG Concept (sister concern of FM Logistic) and Alexandre Amine Soufiani, Managing Director, FM Logistic India, confirmed that this warehouse, which is expected to be completed in December 2020, is part of the five-year US$ 150 million investment plan the company announced in March 2019.
Massive fire breaks out at warehouse in Greater Noida
Mon, Aug 26, 2019
A massive fire broke out in a warehouse at Kasna in Greater Noida. Around 18 fire tenders present at the spot to douse the flames. No injuries have been reported so far. Further investigation is underway. More details are awaited.
E-commerce accounts for 23 pc of total warehouse leasing in 2018: CBRE
Tue, Jun 11, 2019
Warehouse leasing crossed the 25 million sq ft mark in 2018 in seven major cities -- Delhi-NCR, Mumbai, Chennai, Kolkata, Hyderabad, Pune and Bengaluru, CBRE said, adding that the demand for better quality space resulted in rents rising by 10-25 per cent last year.
Amazon eyes new warehouse in Brazil e-commerce push: Sources
Sat, Feb 10, 2018
Amazon.com Inc is looking to lease a 50,000-square-meter warehouse just outside Sao Paulo, people familiar with the matter told Reuters, as it steps up its push into Latin America`s biggest retail market, Brazil.
Amazon considering flying warehouses for item delivery
Fri, Dec 30, 2016
The e-commerce giant Amazon is considering flying warehouses called "airborne fulfilment centre (AFC)", utilising drones for item delivery, according to media reports.
E-commerce absorbed 2 million sqft of warehouse realty in 2015: CBRE
Tue, May 31, 2016
With the emergence of the e-commerce segment in the country, modern warehousing space leasing increased to approximately 7.7 million sqft.