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Mahindra Logistics buys Whizzard

Mahindra Logistics (MLL) on Monday said it has acquired a majority stake in last-mile delivery services provider.

Mahindra Logistics April-June revenue grows 113% to Rs 873 cr

Mahindra Logistics April-June revenue grows 113% to Rs 873 cr
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Mahindra Logistics launches new Oxygen on Wheels programme

Cities like Mumbai, Thane, Nashik, Nagpur soon will be added soon It will add 50-75 Bolero pickup trucks to its fleet for delivery in Maharashtra. There are plans to expand the programme across India The second wave of the Covid-19 pandemic has wreaked havoc across the country and the need for timely availability of oxygen has become a huge challenge for hospitals, states and the patients. Yesterday Mahindra Group Chairman, Anand Mahindra, took to Twitter to announce the ‘Oxygen on Wheels’ project that will be led by Mahindra Logistics. Oxygen on Wheels: what is it all about?  Under the initiative, Mahindra Logistics’ trucks will connect oxygen producers with hospitals/homes. The company will create an ‘Operations Control Centre’ that will monitor and establish a direct-to-consumer model. The project was announced in just 48 hours after a conversation between Anand Mahindra, Chairman, Mahindra Group and Uddhav Thackeray, chief minister of Maharashtra.

Mahindra Logistics Q4 PAT grows 27% to Rs 12 cr

Read more about Mahindra Logistics Q4 PAT grows 27% to Rs 12 cr on Business Standard. Mahindra Logistics consolidated net profit spurted 26.6% to Rs 12.41 crore on 20% jump in net sales to Rs 974 crore in Q4 FY21 over Q4 FY20.

India s warehousing boom creates winners in unexpected corners

India’s warehousing boom creates winners in unexpected corners Photo: Bloomberg April 14, 2021 Every day, Shiv Kumar sets out to work on his new Hero Splendor from Patherheri village in Haryana’s Gurugram district toward Tauru Road a long stretch just off the National Highway 48. Over the last few years, the road surrounded by fields of wheat, jowar, bajra and mustard has slowly metamorphosed into a warehousing hub, thanks to the e-tailing boom. Kumar saved up over the last three years to buy the bike. Savings entered his vocabulary after he started working with Mahindra Logistics Ltd, a third-party logistics (3PL) provider. He is a “picker”. He picks brown boxes from pallets stored inside the warehouse and loads them onto trucks for shipment. The job isn’t fancy, but it is a key position in the serpentine e-tail logistics chain. And it has changed Kumar’s life many times over.

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