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Respective authority of railways, commerce & industry, has launched a dedicated freight business development portal as a...
07/01/2021

Respective authority of railways, commerce & industry, has launched a dedicated freight business development portal as a one-stop solution for all the needs of Indian Railways' freight customers.

The portal can be accessed by logging on to Indian Railways web site https://indianrailways.gov.in/ # or https://www.fois.indianrail.gov.in/RailSAHAY

“First of its kind dedicated freight portal will ensure that all operations stay customer-centric, reduce the costs for logistics providers, provide online tracking facility for suppliers and also simplify the process of goods transportation,” says the release.
Freight business development portal has been designed to replace physical processes with online ones to minimize the need of a human to human interaction.

Features of the portal:

a) New to rail
This portal welcomes all the prospective customers of Indian Railways, introducing freight business and listing various benefits, guiding them to search the most suitable terminal with detail of various terminal facilities and logistics services available, assisting them to choose the right wagon, presenting the expected charges and estimated time for their planned freight transportation. A new customer can register on this portal and place demand for wagons in the most convenient way.

b) Existing customers
The personalized dashboard of freight business portal shall bring the single view, which gives access to its entire business with Indian Railways, outstanding indents, on-run consignments, status of various interactions, facility to apply for various services and raising concerns. Live track on-run consignments through our GIS views, single click applications for various services: discount schemes, diversion, rebooking, demurrage and wharfage waivers, stacking and permissions. Get to know about rake allotments and pendency/maturity of indents at various freight terminals.

c) Commodity pages
The portal has commodity pages on major commodities transported by Railways: coal, minerals and ores, food grain, flour & pulses, cement & clinker, chemical manure, iron and steel, petroleum products, container services and automobile.

One can find the most suitable terminals suitable wagon, freight charges, expected transit time and incentive schemes for a selected commodity, in a district or state. Introducing different types of wagons that carry commodity and their loading preferences, presenting a variety of incentive schemes to facilitate logistics requirements and flexibility of two-point loadings/unloadings.

d) Tools and services
Get access to various tools and services for planning optimum freight transportation with Indian Railways. Rate slabs for various commodity movements, wagon catalogue, terminal selector, smart calculator and track & trace. Information on various important services like timetabled movements, mini rake services and approved two-point rake combinations are just a click away now.

e) Logistics partners
Indian Railways invite partnerships in freight operations across the country. One can join the network through investments in private sidings, private freight terminals or railways owned goods shed to make railways, a part of supply chain. Investments in rolling stock could fetch benefits like assured availability and incentives in freight charges. Railways invited aggregators, truckers, warehouse owners and labour providers to offer their services for 9000+ freight customers at 4000+ freight terminals.

f) Support to customers
The customers can contact Indian Railway officials on phone or in writing. The customers can send their suggestion, query or complaint to Indian Railways through contact us option. For every request received in writing, a unique request ID is sent to the customer to track the status of the request.

Vistara will now allow its customers to directly search and book flights on Google through the integrated ‘Book on Googl...
22/12/2020

Vistara will now allow its customers to directly search and book flights on Google through the integrated ‘Book on Google’ feature. Following the implementation of the New Distribution Capability (NDC), made possible through a technology partnership with Amadeus, passengers will now be able to seamlessly book Vistara flights while searching for them on Google, without getting redirected to any other website.

Commenting on the launch of the new service, Vinod Kannan, chief commercial officer in Vistara, said: “Customer centricity is one of our core values and it has been our constant endeavour to offer our customers the finest and most seamless experience – not just while flying with us, but across the customer journey. We are sure that this new ‘Book on Google’ feature will enable an even more hassle-free experience and bring greater convenience to our customers.”

The launch of ‘Book on Google’ feature streamlines the ticket-booking process and allows for flights booking through the following steps:

Customers will need to log in to their Google accounts while booking their flights. This will enable all the saved information to get automatically filled for booking (including name, contact details etc.)
Payment options, saved on Google, will be displayed automatically allowing a smooth transition from search to reservation and finally to the payment process. They can also decide to add a new credit / debit card during the booking process
Customers will also progressively be able to view and purchase optional upgrades, pre-purchase additional baggage allowance, seat selection, and much more on the same Google interface.

China’s and Australia’s trade tensions, which have led to disruptions in the ever so important for the dry bulk market, ...
08/12/2020

China’s and Australia’s trade tensions, which have led to disruptions in the ever so important for the dry bulk market, coal trade, could potentially lead to more long-haul charters. For example, Canada is the seventh largest exporter of coal in the world. In calendar 2019 the country exported a total of 58.7 mln tonnes of coal by sea, according to Refinitiv vessel tracking data. Canada is also the world’s fourth largest exporter of metallurgical coal, after Australia, the United States and Russia. Nearly half of the coal produced in Canada is thermal and half is metallurgical. Canada’s exports are primarily metallurgical coal. Alberta and British Columbia produced 85% of Canada’s coal.

According to shipbroker Banchero Costa, “Canada exports about half of its coal production. Given the location of its mining resources, the overwhelming majority of Canadian coal exports are shipped from ports in British Columbia, on the Pacific coast. Of the 58.7 mln tonnes shipped in calendar 2019, 55.2% (32.4 mln tonnes) were shipped from Roberts Bank, 19.6% (11.5 mln tonnes) from Vancouver, and 18.7% (11.0 mln tonnes) from Prince Rupert. Just 6.2% of exports (3.7 mln tonnes) were shipped from Quebec on the Atlantic coast. The vast majority of Canada’s coal exports go to Asia, which is still a significant consumer. Canada does also import coal, but this is primarily due to logistic constraints. The 2.1 mln tonnes of coal imported in calendar 2019 were entirely delivered to the Atlantic coast, into New Brunswick and Nova Scotia. These imports are all sourced from Colombia and the USA”.

Banchero Costa added that “Canadian coal exports have been growing moderately in recent years, but have seen a sharp slowdown this year. In the first 10 months of 2020, Canada exported 40.0 mln tonnes of coal by sea, according to vessel tracking data from Refinitiv. This represents a sharp decline of -18.4% y-o-y, compared to the 49.0 mln tonnes exported in the same ten-month period of 2019. Things got progressively worse throughout the year. The first quarter of 2020 was already bad, with Canada exporting 12.4 mln tonnes of seaborne coal, which was a -9.5% decline on the same period last year”.

“The second quarter of 2020 was worse, as global demand evaporated on lockdowns and economic recession. In the period April-June 2020, seaborne coal exports from Canada declined by -18.6% year-on-year to 12.2 mln tonnes. Things were even more disappointing in the third quarter. In the Jul-Sep period, Canada exported 11.1 mln tonnes of coal, which was -29.8% decline from the 15.8 mln tonnes exported in the same quarter last year. The largest drop in exports in the first 10 months of this year was to India, down -41.4% y-o-y to just 3.0 mln tonnes. On the other hand, shipments to Japan were down just -3.6% y-o-y to 12.3 mln tonnes. Japan remains the top destination for Canadian coal, accounting for 31% of all Canadian coal shipments. Shipments to South Korea were down -11.6% y-o-y to 10.4 mln t. Exports to Mainland China are down -5.8% y-o-y to 4.9 mln t. To Taiwan down -25.3% y-o-y to 1.5 mln tonnes. Shipments to the European Union were down -13.1% y-o-y to 2.9 mln tonnes”, the shipbroker concluded.

Jawaharlal Nehru Port Trust (JNPT) handled 413,737 twenty-foot equivalent units (TEUs) in November 2020, clocking a grow...
05/12/2020

Jawaharlal Nehru Port Trust (JNPT) handled 413,737 twenty-foot equivalent units (TEUs) in November 2020, clocking a growth of 7.61 percent over the same month last year.

The overall traffic including containers handled at JNPT during November grew 9.04 percent to 5.70 million tonnes from the 5.22 million tonnes in November 2019. The total traffic in November includes 0.59 million tonnes of bulk cargo compared to 0.55 million tonnes in the same month last year.

The average monthly terminal handling time of trains improved to 4:28 hours in November from 4:48 hours in October and 6:18 hours in September.

The average monthly turn-around time of trains (from placement to removal of trains) has reduced to 9:08 hours in November from 9:45 hours in October and 13:34 hours in September.
The newly opened Centralized Parking Plaza at JNPT handled 43,619 tractor-trailers in November which carried 68,909 TEUs.

Sanjay Sethi, IAS, chairman, JNPT said, “In November, JNPT completed the construction of a coastal berth with the capacity to handle 2.5 million tonnes of coastal cargo including liquid cargo, keeping with its commitment towards providing world-class amenities to stakeholders and to give momentum to coastal shipping. It will facilitate easy movement and will immensely boost coastal cargo trade.
JNPT has completed 78.63 percent of construction work for the widening of its road connectivity project.

“JNPT is committed to the ecologically sustainable development of the greenfield Vadhavan port near Dahanu in Maharashtra and we will try our best to develop the new port by adhering to the most stringent environmental norms and regulations as laid down by the environment ministry and authorities concerned,’’ he stated.

Airlines’ hopes of a peak season boost in November failed to materialise with a year-over-year fall in demand of 1 perce...
03/12/2020

Airlines’ hopes of a peak season boost in November failed to materialise with a year-over-year fall in demand of 1 percent point, registering the first decline in demand since the road to recovery started six months ago, according to CLIVE Data Services and TAC Index.

From a low of -37 percent in April, the gap in year-on-year air cargo volumes has been steadily closing in the subsequent months to the end of October, by which time the margin versus 2019 volumes had reduced to -12 percent. In November, however, the gap rose slightly to -13 percent as the coronavirus continued to take its toll on global trade and international supply chains.

New data for the four weeks ending November 29 shows that capacity – up 3 percent month-on-month – outpaced demand, with chargeable weight increasing by just 2.5 percent. Overall, the available capacity was 21 percent less than a year ago. Consequently, despite rising to 72 percent in the opening two weeks of November, the dynamic load factor reduced to 70 percent for the second half of the month which, although 5 percent points higher year-on-year, was still below the 8 percent points load factor increase in the month of October 2020.

Niall van de Wouw, managing director of CLIVE Data Services, said, “After six months of small but encouraging improvements, the stalling of demand in November – typically a peak month when we’d expect dynamic load factor growth – could be seen as a further negative indicator. However, we must contrast this with the impact of lockdowns and restrictions imposed by governments to slow the second wave of Covid, especially in Europe and the US.

Airfreight rates
Looking at major trade lanes, TAC Index reports airfreight rates in November increased significantly from Hong Kong and China to Europe month-over-month by 30 and 24 percent respectively, although rates from Hong Kong to both Europe and the United States flattened towards the end of the month and, week-on-week analyses shows China-Europe rates decreasing by around 6 percent towards the end of November.

Robert Frei, business development director at TAC Index, stated, “This is a fluctuating market. The increase in rates is likely to be the result of airlines selling more capacity on the short-term market and forwarders securing air cargo capacity through charter arrangements. Overall, in November, we did not see the rates one would have expected based on earlier anticipation of a strong peak season.”

The state government of Andhra Pradesh is encouraging the use of inland waterways and establishment of multi-modal logis...
29/11/2020

The state government of Andhra Pradesh is encouraging the use of inland waterways and establishment of multi-modal logistics parks in Anantapur and Kadapa districts to reduce logistics costs, according to the special chief secretary for industries and commerce, infrastructure and investment R. Karikal Valaven.

"Speaking at a conference on ‘Economic Prosperity through Logistics’, organised in virtual mode by the Confederation of Indian Industry (CII), Valaven pointed out that the state was endowed with good road and rail network and there was a need to focus on inland waterways to reduce logistics cost," reports The Hindu.

Stating that the export sector is one of the priority areas of the government, he said that an export promotion policy was on the cards.

He said that in an attempt to enhance the connectivity with the industrial clusters in the state, the establishment of coastal shipping berths across the sea coast was being planned.

It will also leverage the advantage of a long coastline, he said.

Speaking on the occasion, Visakhapatnam Port Trust (VPT) chairman K. Rama Mohan Rao highlighted various initiatives of the government such as Make in India, Atma Nirbhar Bharat and Sagar Mala project, to drive growth in the logistics sector.

Amid an anticipated surge in vaccine logistics demand, Abu Dhabi announced the launch of Hope Consortium to cement its p...
28/11/2020

Amid an anticipated surge in vaccine logistics demand, Abu Dhabi announced the launch of Hope Consortium to cement its position as the global logistics hub to facilitate Covid-19 vaccine distribution across the world.

Comprising global entities, the Hope Consortium represents a complete supply chain solution to address vaccine transport, demand planning, sourcing, training, and digital technology infrastructure, and facilitate vaccine availability across the world.

The news follows Hope Consortium member Etihad Cargo and the consortium transporting five million vaccines in November on behalf of the department of health – Abu Dhabi, which is spearheading the consortium and will oversee regulatory compliance, full chain expertise and scientific insight.

The consortium also includes Abu Dhabi Ports Group, Rafed, the healthcare purchasing arm of Abu Dhabi-based ADQ, and Switzerland’s SkyCell, which develops temperature-controlled logistics containers for the pharmaceutical industry. As part of the Hope Consortium, SkyCell will establish a regional service and manufacturing centre in Abu Dhabi.

The Hope Consortium has pooled its collective expertise to garner a multi-faceted capability to provide logistics services to handle over six billion doses from the vaccines being developed and manufactured around the world – whether in single or multi doses – in cold and ultra-cold conditions in 2021, rising to over three times more doses by the end of next year – the largest capacity and logistics capability regionally and one of the largest globally.

HE Sheikh Abdullah bin Mohammed Al Hamed, chairman of the department of health – Abu Dhabi, said, “While assuring vaccine supply to the domestic market, the Hope Consortium will offer international governments, non-governmental organisations, and vaccine suppliers a cohesive solution across every supply chain step – from air freight, regional storage and temperature monitoring, to inventory management, cold and ultra-cold container solution, regulatory clearance, and healthcare and pharma quality assurance.”

Distribution of the vaccines, which will be stored in Abu Dhabi Ports Company facilities, will be carried out by Etihad Cargo, the first Middle Eastern carrier to gain IATA’s Centre of Excellence for Independent Validators (CEIV) certification for pharmaceutical logistics. The UAE’s national carrier will leverage its extensive intercontinental network, fleet and charter flights to supply vaccines globally.

“With two-thirds of the world’s human footprint within a four-hour flight of Abu Dhabi, the UAE capital’s investment in technological expertise and world-class infrastructure facilities means we can serve as a global logistical hub to and for, the world,” explained Tony Douglas, Group Chief Executive Officer, Etihad Aviation Group.

“Etihad Cargo’s role in the consortium will leverage our outstanding pharmaceutical logistics expertise and specialised pharma and healthcare service, PharmaLife, the IATA CEIV Pharma certified product capable of facilitating temperature-sensitive cargo between +25⁰C and -80⁰C. Our network reaches across key destinations will be supported by the utilisation of our charter operations to meet global demand for swift and secure Covid-19 vaccine shipments.

“We are already managing all anticipated shipment elements through our dedicated Covid-19 vaccines workforce,” Douglas added. “A dedicated pharmaceutical handling facility to accommodate increased capacity at our Abu Dhabi hub is also currently under review, as well as additional thermal covers and enhanced capabilities at origin stations based on established pharma trade lanes and specific requests.”

As part of the Hope Consortium, Abu Dhabi Ports, which has the Middle East’s largest capacities for cold chain and ultra-cold storage, will leverage its capabilities as an innovation epicentre serving the Middle East and wider world through Abu Dhabi as a supply chain gateway connecting East and West.

Captain Mohamed Juma Al Shamisi, group CEO of Abu Dhabi Ports, said, “Our expansive operations at KIZAD are among the largest cold chain and ultra-cold storing in the region and enable us to support the emirate’s drive to spearhead global immunisation efforts that will positively impact millions of lives.

Dr Noura Al Dhaheri, head of Digital Cluster – Abu Dhabi Ports, CEO of Maqta Gateway, said, “Supporting the uninterrupted flow of critical cargo, such as medical and food supplies have been crucial in Abu Dhabi Ports’ story during 2020, but the distribution of vaccines will form the most significant success to date. Maqta Gateway is committed towards creating innovative digital solutions to boost the transparency and integrity of the region’s supply chain.”

The Hope Consortium intends to transport the vaccines using SkyCell’s hybrid containers. The storage and transportation containers are secured through an IoT monitoring service which tracks temperature conditions to ensure sensitive vaccines are protected even under extreme conditions. With insulation and cutting-edge cooling technology, the containers maintain steady temperatures for an average of 202 hours (8.4 days) and self-recharge automatically in a cooling chamber or re**er truck.

Ministry of ports, shipping and waterways has issued a draft for public consultation of the Merchant Shipping Bill, 2020...
28/11/2020

Ministry of ports, shipping and waterways has issued a draft for public consultation of the Merchant Shipping Bill, 2020 that aims to repeal and replace the Merchant Shipping Act, 1958 (Act No. 44 of 1958) and the Coasting Vessels Act, 1838 (Act No. 19 of 1838).

This can be accessed on the link:http://shipmin.gov.in/sites/default/files/Draft_MS_Bill_2020.pdf and suggestions can be sent to [email protected] by December 24, 2020.

“The Merchant Shipping Bill, 2020 has been drafted, with the primary aim of promoting the growth of the Indian shipping industry by incorporating the best practices adopted by other advanced countries like the U.S., Japan, U.K., Singapore and Australia,” said the ministry release.

All up-to-date IMO conventions/protocols, to which India is a party, have been adopted in it. Adequate provisions are incorporated to ensure the safety and security of vessels, the safety of life at sea, prevent marine pollution, provide for maritime liabilities and compensations, and ensure comprehensive adoption of India’s obligations under international conventions.

The envisioned advantages of the Merchant Shipping Bill, 2020 are the following

Promoting ease of doing business
The bill does away with the requirement of general trading license for Indian vessels

Embracing digital technology
It enables electronic means of registration, and grants statutory recognition to electronic agreements, records, and logbooks, in addition to electronic licenses, certificates and payments.

Increasing tonnage and vessel as a tradable asset
The bill seeks to increase India’s tonnage by widening the eligibility criteria for ownership of vessels and providing for the registration of bareboat charter cm demise, thereby increasing opportunities for international trade.

India as a bankable shipping jurisdiction & avoidance of situations leading to the wreck
The proposed bill seeks to introduce for the first-time statutory framework for regulating maritime emergency response against maritime incidents. The provisions seek to provide for the time-effective implementation of response mechanisms in order to ensure that the same is prevented from becoming a wreck or other catastrophic event.

Welfare of Indian seafarers on abandoned vessels and safety of abandoned vessels
Provisions for repatriation of abandoned seafarers have been enhanced, in line with the MLC regulations.

Strengthening adjudication and predictability of claims
In order to strengthen the investigation and adjudication of claims arising out of the collision of vessels, assessors may be tasked by the High Courts to present their findings on the degrees of the fault of each vessel.

India as an active enforcement jurisdiction
The bill incorporates powers of the director-general to take action against vessels that are unsafe, and pose a threat to the safety of life at sea and environment, and includes a procedure for appeal from detention orders. The bill also incorporates provisions that encourage active enforcement of pollution prevention standards and the central government has been granted the power to mandate compulsory insurance or such other financial security, for pollution damage.

The bill seeks to provide increased opportunities for investment and provide greater impetus to a self-reliant domestic investment climate in the maritime industry. The provisions regulating the maritime education, training, certification and the recruitment and placement of seafarers and ease of registration of ships under the Indian flag will give an impetus to the quality and quantity of Indian seafarers. Consequently, it will boost employment opportunities for Indian seafarers in the national and international market. The benefits will be extended to ancillary sectors connected with the shipping industry in consonance with Atmanirbhar Bharat initiatives of the government.

APM Terminals Pipavav, one of India’s leading gateway port in Gujarat, in September received ₹700 crore from its board t...
24/11/2020

APM Terminals Pipavav, one of India’s leading gateway port in Gujarat, in September received ₹700 crore from its board to upgrade existing facilities for handling bigger ships and helping it to increase the container capacity to 1.6 million twenty-foot equivalent units (TEUs). Breaking its self-record of handling 263 container trains in 2013, the terminal operator in April 2020 handled 293 container trains.

Jakob Friis Sørensen, managing director, shares insight on how digitalisation helped in zero fatality rate for 500 days and Asian market to evolve post-pandemic.

With the infusion of ₹700 crores, what are the developments planned at APM Terminals Pipavav?
The proposed investment is for upgrading the port's existing container handling facility. We aim to strengthen our network and enhance our services extended to all our stakeholders. Our plan also includes replacement of 3 existing cranes with 4 new cranes with a wider outreach and progressive increase in container yard capacity to 1.6 million TEUs. It also includes the purchase of two-yard cranes. The container yard capacity will be expanded once the cargo growth is visible post commissioning of DFC (Dedicated Freight Corridor). This investment is subject to the extension of the current concession agreement which is up to September 2028.

The RoRo yard facility at Pipavav has almost halved in the last few months. What is the next step to optimise the port’s business?
The drop in volumes in RoRo business has been primarily due to lower export volumes of automobiles. Due to the drop in the volume of RoRo business, we are looking at the vacant yard for storage of containers. The RoRo business is comparatively smaller and the drop in volume in that particular segment does not impact the overall growth of the port in terms of cargo volume.

Amid lockdown APM Terminals Pipavav in April has given free 15 days storage to customers. What are the other measures implemented by the company to keep the business continuing during these difficult times? Elaborate on the record of 293 container trains handled at the port in April.
Being a port service, we are engaged in providing essential service and port operations are imperative to ensure that the supply chain remains uninterrupted and availability of essential supplies is maintained. The port has adopted standard crisis protocol at both the international and local levels as per the various relevant guidelines of government of India, government of Gujarat and other statutory bodies/administration.

During these tough times, we also set a record of handling 293 container trains in April 2020 amid the country-wide lockdown imposed by the government breaking our record of handling 263 container trains in July 2013. When the lockdown was imposed in March, port operations were deemed essential service and we cautiously took measures to ensure that the port operates smoothly and with utmost precaution. We implemented a business continuity plan to remove the stress of the pandemic situation and received the cooperation from all the stakeholders to achieve this record even during the Covid-19 scenario.

Having a zero fatality for 500 days for a multipurpose port like Pipavav is commendable. Is digitalisation one of the reasons for this achievement?
Completing 500 days of safe operations was one of our biggest milestones in safety. This has been achieved due to constant care, continuous training, monitoring and supervising the operations at all levels by the management. This has also been possible because of the committed employees who embraced safety in their day-to-day operation at work. The training that we undertook with our employees helped us get through the ongoing lockdown period and the port continued to function for 24x7 ensuring safe and smooth operations. Digitalisation is sure a key factor in assessing the requisites and catering to the procedural activities of the port and has added to achieve our score of zero fatality rate. We believe the adoption of technologies and digital transformation can further help in rendering mileage to port activities.

With more than 500 trucks per day passing through the gates at APM Terminals Pipavav, even the smallest efficiency improvement quickly adds up to several hours saved per day. The terminal’s latest digital solution offers significant environmental benefits, cost savings and improved safety.

Your career with AP Moller Maersk Group is more than three decades old. You have seen the emergence of Asian port sector very closely. How this region has evolved over the years and can tackle the current crisis?
It’s a very broad question as the Asian region is quite vast and different geographies have expanded in its time frame. South East Asian countries and China have been export-driven economies and they have expanded their port capacity in a graded manner. China has a container capacity of over 260 million TEUs; while the combined capacity of South East Asia is around 160 million TEUs. Singapore and Malaysia have more container port capacity per 1,000 workforce while others have a bit less. The global trade tensions have opened opportunities for several countries in the region and they have to increase their port capacity to meet the demand.

The Covid-19 has led to the closing of economies across the Asian region and there was a demand shock. This impacted the volumes at Indian ports as well. Overall, this crisis is an evolving one and we are seeing some positive signs and hope that business will improve in coming quarters.

Infraprime Logistics Technologies, a start-up in construction logistics is planning to rollout 1,000 heavy-duty electric...
21/11/2020

Infraprime Logistics Technologies, a start-up in construction logistics is planning to rollout 1,000 heavy-duty electric trucks in India post commercial run of its fleet of 55-MT electric trucks over the last one year.

“The commercial run demonstrated up to 60 percent savings in operating cost over conventional diesel trucks,” said the release.

The company launched the electric truck in India in August 2019, which garnered significant attention as it pioneered industry-first air-conditioned battery pack with 600,000km warranty. The truck has a gradient of 23 percent, significantly exceeding comparable diesel trucks – making its operation in difficult terrain much smoother.

Subodh Yadav, CEO of IPLTech said, “Our planned production is oversubscribed with a waiting time of six months. Owing to the significant demand for what we considered as a niche product, we are expanding our production capacity.”

The company has raised investments from German VC fund Fundamental AG and entrepreneur-led fund Leo Capital. Notable high net worth individuals including Vellayan Subbiah (MD, Tube Investments) backed the Company in its seed round. The Company hopes its expansion plans can contribute to the economic revival in India in the post-Covid-19 world.

With 1,000 electric trucks on the road in Delhi NCR, India’s air quality will see a significant improvement. The days of fleet operators sweating over rising diesel bills would be over - the power required for charging electric truck batteries would be provided through company-operated charger network. The company is already operating two charging stations on Delhi-Jaipur highway and a fleet of 12 electric trucks is already on the road.

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