Global logistics giant UPS will invest between $15-20 million to set up a technology centre in India. This is the first of its type centre that the Georgia-based logistics giant is setting up in the South Asian region. The hiring process will start soon and at they will hire 1,000 employees.

Adani Enterprises signed a deal with Ashok Leyland and Ballard Power to launch a pilot project to develop a hydrogen fuel cell electric truck for mining logistics and transportation — a first in Asia. The FCET is scheduled to be launched in India in 2023.

JK Lakshmi Cement has tied up with GreenLine, a pioneer in green and smart logistics in India, for the introduction of LNG-fuelled heavy trucks for transporting cement. "With this association, GreenLine will enable JK Lakshmi Cement to decarbonise its road logistics operations in a phased manner over the next few years.”

ADB has approved a $ 250 million policy-based loan to support India's wide-ranging reforms that aim to strengthen and modernise the country's logistics infrastructure, improve efficiency, and lower costs. The loan will finance the first sub-program of the strengthening multimodal and integrated logistics ecosystem program.

India is eyeing an about Rs 2 lakh crore upgrade of its port infrastructure, in a major push to ease bottlenecks in logistics. As many as 298 projects, including for road and rail connectivity to ports, have been identified under the plan.

Welspun One Logistics Parks (WOLP) has entered into a Memorandum of Understanding (MoU) with the government of Karnataka to broaden its presence in the warehousing sector in South India. The company intends to spend a total of Rs 2,000 crore in Karnataka with the support of this association.

The Adani Group plans to expand its logistic business by opening six additional Multi-Modal Logistics Parks (MMLPs) over the course of the next two years in five states, including Uttar Pradesh, Haryana, Rajasthan, Gujarat, and Telangana

Adani Group is set to give momentum to its logistic business by commissioning six more Multi-Modal Logistics Parks (MMLPs) in the next two years across five states, including Uttar Pradesh, Haryana, Rajasthan, Gujarat and Telangana.

RailRestro will be investing $20-30 million for building a robust logistics infrastructure and will undertake rapid expansion in coverage with a focus on the east.