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Apna.co Report: 2.16 Lakh Jobs Recorded This Festive Season in Logistics, E-commerce, and Hospitality

Oct 28, 2024 by Sujata 0 Comments #e-commerce, #Logistics

Mumbai, 28 October 2024: India’s leading jobs and professional networking platform, apna.co, reported 2.16 lakh job postings this festive season, a 20% increase compared to 1.8 lakh job postings vs last year. As expected, this year’s festive season saw a significant rise in hiring across key sectors like logistics, e-commerce, retail, and hospitality. This year’s festive season was particularly important for businesses looking to rebound after a slowdown in consumer spending during the summer and election periods. Companies were focused on driving sales beyond last year’s numbers. Additionally, the rapid expansion of the quick commerce industry contributed to this hiring momentum. Among the sectors, logistics and operations experienced the highest growth, with a 70% increase in job postings. Retail and e-commerce followed with a 30% rise, while the restaurant and hospitality sector grew by 25%.

To meet rising demand, logistics and mobility leaders like Rapido, Delhivery, Ekart, and Shiprocket have posted over 30,000 openings for roles such as Warehouse Managers, Logistics Associates, Inventory Managers, and Delivery Drivers. The retail and e-commerce sector is also expanding, adding 18,000 roles, including Category Growth Managers, Sales Associates, and Customer Support Managers to enhance consumer experience. In hospitality, 14,000 jobs have opened for positions like Restaurant Managers, Front Office Staff, and Administrative Personnel. QSR giants such as Jubilant Foodworks and food delivery platforms like Swiggy and Zomato are also ramping up hiring to keep pace with demand.

This hiring trend is not limited to major metro cities; tier-2 and tier-3 cities are also experiencing a significant rise in job opportunities. While tier-1 cities like Bangalore, Delhi-NCR, Mumbai, Chennai, Kolkata, and Hyderabad have seen a 20% increase in job postings, the demand in tier-2 and tier-3 cities is even more notable. Factors such as increasing urbanization, the expansion of malls and quick-service restaurants, and improved consumer spending are driving this growth. Cities like Lucknow, Ahmedabad, Surat, Bhubaneswar, Bhopal, Indore, Kanpur, Chandigarh, Patna, Coimbatore, and Jaipur have recorded a 25% increase in job postings.

Nirmit Parikh, Founder & CEO of Apna.co, commented, “At Apna, we typically start preparing for the festive season two months in advance. However, this year was crucial for our employer partners, who anticipated a 20-25% increase in consumer demand. To support them, we began our preparations even earlier, building a strong talent pipeline. Our sector-specific go-to-market campaigns helped us deliver tailored solutions across industries like logistics, e-commerce, and quick commerce, filling key roles such as Logistics Managers, Warehouse Associates, Delivery Partners, and Customer Support Managers. As a customer-obsessed organization, our commitment to solving hiring challenges and revolutionizing how Indian businesses hire is clearly reflected in the success we’ve seen this festive season.”

technology

IIIT-Bangalore and Greendzine Technologies Sign MoU for Robotic Picker R&D

Sep 2, 2024 by Sujata 0 Comments #IIIT-Bangalore and Greendzine, #Logistics, #Robotic Picker R&D

Bangalore, India – September 2, 2024: International Institute of Information Technology, Bangalore (IIIT-B), a premier research and development institution, has signed a Memorandum of Understanding (MoU) with Greendzine Technologies Pvt. Ltd., a leading company specializing in Electric mobility solutions for the Industrial and Warehouse market. Greendzine is building solutions to connect Warehouse to Home (W2H) through its MOPTro EV platform. This MoU marks the beginning of a strategic partnership focused on the development and implementation of the innovative Robotic Picker technology on Greendzine’s MOPTro WASP, a product for warehouse picking.

The collaboration aims to leverage IIIT-B’s cutting-edge research capabilities and Greendzine’s expertise in electric mobility solutions to create a groundbreaking Robotic Picker that can significantly enhance automation in warehouses and industries. The project will involve advanced research in vision systems, multi-agent path planning algorithms and universal grippers, with IIIT-B providing the necessary lab facilities, product demonstration platforms and funding for the research.

IIIT-Bangalore will offer its expertise in the areas of vision systems, path planning algorithms and universal grippers while providing lab facilities for research and product demonstration. IIIT-B will also fund the project, including resources, hardware, software and IP filing.

Greendzine Technologies will be responsible for the execution and management of the project, including overseeing program management, prototyping, testing and vendor management. The company will also handle the demonstration of the solution to potential customers and execute proof of concept at customer premises.

The project, which is set to run for one year with an option for an additional two-year extension represents a significant step forward in the field of robotic automation. Both parties are committed to ensuring the highest standards of research and development throughout the collaboration. The project is under aegis of MINRO, which is Center of Excellence (CoE) funded by the Government of Karnataka.

Commenting on the partnership, Commodore SR Sridhar (Retd), Registrar of IIIT-Bangalore, said, “This collaboration with Greendzine Technologies aligns with IIIT-Bangalore’s mission to encourage innovation and create impactful technological solutions. The Robotic Picker project holds immense potential to revolutionize the automation landscape in industries and warehouses.”

Mr. Karthikeyan Sundaram, Co-Founder & CTO, Greendzine Technologies, added, “We are pleased to enter into an MoU to advance our Robotic Picking Project to the next level. This 12-month research collaboration focuses on developing a universal gripper for warehouse environments, capable of handling diverse volumetric and textured items. Our research will dive into vision systems, multi-agent path planning, and gripper technology, with the goal of filing intellectual properties (IPs) and eventually bringing the product to market. This strategic partnership also emphasizes the importance of our philosophy “Manomation”, which is Human-Robot collaboration, particularly through the development of cobots (collaborative robots) that assist rather than replace human workers. This approach aligns with our broader mission to enhance workforce productivity, reduce fatigue, and encourage greater participation of women in the workforce. Our ultimate aim is to take cutting-edge technology from the lab to real-world applications, with interest already shown by customers across various sectors, including automotive and third-party logistics.

news

Mahindra Logistics Ltd Q1FY25 Revenue up by 10 % YoY at Rs. 1,420 crores

Jul 23, 2024 by Mansi 0 Comments #Logistics, #Mahindra Logistics Ltd., #mobility solutions providers, #Mr. Rampraveen Swaminathan

Mumbai, July 23,2024: Mahindra Logistics Ltd. (MLL), one of India’s integrated logistics & mobility solutions providers, today announced its unaudited consolidated financial results for the quarter ended on June 30th, 2024.

Q1 FY25 (Consolidated) performance compared with Q1 FY24

Revenue Rs. 1,420 crores as compared to Rs. 1,293 crores.
EBITDA Rs.66 crores as compared to Rs.67 crores.
PBT Rs. (2.5) crores as compared to Rs. 0.6 crores.
PAT loss Rs. 9.3 crores compared to Rs. 8.6 crores.
EPS (Diluted) Rs. (1.29) as compared to Rs. (1.19)

Q1 FY25 (Consolidated) performance compared with Q4 FY24

Revenue Rs.1,420 crores as compared to Rs.1,451 crores.
EBITDA Rs.66 crores as compared to Rs.57 crores.
PBT Rs. (2.5) crores as compared to Rs. (9.2) crores
PAT Rs. (9.3) crores as compared to Rs (12.9) crores.
EPS (Diluted) Rs. (1.29) as compared to Rs (1.78)

Q1 FY25 MLL Standalone compared with Q1 FY24

Revenue Rs.1,157 crores as compared to Rs.1,051 crores.
EBITDA Rs.72 crores as compared to Rs.83 crores.
PBT Rs.13.7 crores as compared to Rs. 31.1 crores
PAT Rs.10.2 crores as compared to Rs.23.0 crores.
EPS (Diluted) Rs. 1.42 as compared to Rs 3.18

Q1 FY25 MLL Standalone compared with Q4 FY24

Revenue Rs.1,157 crores as compared to Rs.1,183 crores.
EBITDA Rs.72 crores as compared to Rs.64 crores.
PBT Rs.13.7 crores as compared to Rs.10.0 crores
PAT Rs.10.2 crores as compared to Rs.7.9 crores.
EPS (Diluted) Rs. 1.42 as compared to Rs 1.09

Key Highlights

Moderate demand environment, Contract Logistics experienced a 9% YoY revenue growth in Q1 FY25.
Freight forwarding business saw a 12% QoQ increase, driven by a growth in demand for inbound ocean cargo
The Express business saw an improvement of 2% YoY in revenue and a 16% YoY reduction in PAT losses driven by continuous cost optimization
Mobility and Last Mile Delivery continued their improvement journey.
Warehouse space under management in the 3PL business stood at over 20 million+ square feet. The company launched its state-of-the-art BTS warehouse at Guwahati during the quarter.
MLL announced a joint venture with Seino Holdings Ltd. during the Quarter aiming to offer integrated logistics solutions to Japanese auto and auto-ancillary customers. This partnership will leverage Seino’s global relationships with Japanese automotive customers to meet their logistics needs in India.

Commenting on the performance, Mr. Rampraveen Swaminathan, Managing Director and CEO of Mahindra Logistics Ltd. said,

Despite the muted demand environment, the quarter gone by saw healthy order booking in 3PL and cross border business. The cross-border business saw good traction, driven by a growth in demand for inbound ocean cargo. The Mobility, Last Mile Delivery and auto outbound logistics business 2×2, continued their improvement journey and delivered a healthy performance. Earnings were impacted due to extended start-up costs, coupled with higher manpower and Warehousing lease costs. The Express business was impacted by lower volumes, which was offset by our cost optimization initiatives. We expect to see strong improvement in the overall operating performance in later part of the year

news

Ecom Express Named Among India’s Best Workplaces in Transportation & Logistics by Great Place to Work

Jul 15, 2024 by Mansi 0 Comments #Ecom Express Limited, #Logistics, #Sanwali Sood, #Transportation

Gurugram, 15th July 2024: Ecom Express Limited, a technology-driven end-to-end logistics solutions provider, announced that it has been recognized amongst the best in the Transportation & Logistics industry by the Great Place to Work® Institute. This is also the third consecutive year that the company has been certified as a Great Place to Work which highlights the dedication of the employees who, by upholding the company’s values of teamwork, respect, fairness, and collaborative decision-making, make Ecom Express a great place to work every day.

This recognition reflects the company’s exceptional work culture, prioritizing employee well-being, safety, and continuous learning, while fostering engagement, pride and sense of ownership within the organization.

Over a decade, Ecom Express has meticulously built a diverse and inclusive, talent-focused culture. The company fosters an environment of trust and respect, where employees feel valued and empowered to contribute. Ecom Express prioritizes employee feedback and actively seeks ways to enhance their experiences, ultimately enabling them to achieve both personal and professional goals.

Sanwali Sood, Vice President – HR, Ecom Express, expressed her delight, “This accolade is the result of a rigorous assessment conducted by the Great Place to Work® Institute, which reflects consistently positive experiences across our workforce. The accreditation underscores our commitment to fostering a culture that provides an exceptional employee experience while fulfilling Ecom Express’ mission to be the leading logistics solutions provider for the e-commerce industry. All our policies, procedures, and daily working environment support the development and retention of an inclusive and diverse workforce at all levels.”

business

The Maverick Motivator

“One huge step to success begins with a single failure” says Raunaq Kakkar, Serial Entrepreneur, Founder of Lawpreneurz, Found My Teacher and MarriedUp

Mumbai, 7^th June 2024: Showcasing the many dimensions of Raunaq Kakkar as the one who turned his failure around into successful ventures. As a game-changer, Raunaq has furthered 250 start-ups across industries such as AI, Education, Agriculture, and Logistics, including diverse sectors to raise their seed capital. Charging on the dynamic momentum, Raunaq now aims towards a 2.0 plan in fostering 2000 founders in the coming year.

TED Talk in 2018 brought Raunaq within the vision of the movers and shakers. In 2022 he was awarded by the Government of Maharashtra and in 2023 he was felicitated in Dubai at the Education 2.0 event.

To help advance businesses abroad, Raunaq’s ‘Found My Teacher’ is a singular platform that coaches’ entrepreneurs in languages that are critical to success and sharpening their comms. Raunaq has fostered 250 clients in the US, UK, Middle East, and India. With his entrepreneurial skills and astute intellect, he has raised a seed capital of 3 – 5 million USD for them.

Raunaq now aims to help 2000 founders as a fitting acknowledgment to an overwhelming response.

As a Serial Entrepreneur, he now seeks the support to collaborate with global entrepreneurs and expand his business acumen to different horizons. The journey forward is to promote 2000 business owners in the coming year.

business

What this budget meant for logistics Industry

Feb 5, 2024 by Sujata 0 Comments #Lobb Logistics, #Logistics, #logistics Industry, #Ms Nirmala Sitaraman, #PM Gati Shakti, #Venu Kondur

Bengaluru February 5, 2024– Finance Minister of India Ms Nirmala Sitaraman presented her annual but interim budget (due to ensuing elections) very recently. It had slew of offerings for logistics industry. The logistics sector has received a major push in the Interim Budget 2024 as the government plans to set up three major economic railway corridors to reduce congestion and logistics costs in India. Industry stakeholders welcomed the government’s plans but have highlighted that certain areas still require attention. Industry stakeholders welcomed the government’s plans but have highlighted that certain areas still require attention.

lobb truck png

The government said these projects have been identified under the PM Gati Shakti for enabling multi-modal connectivity. These commodity-specific economic rail corridors aim to address congestion issues in rail lines, particularly in the eastern region. These dedicated corridors will facilitate faster movement of freight and improve turnaround times, reducing logistics costs for India. Currently, logistics costs account for approximately 12% of India’s GDP, which hampers its competitiveness, particularly in the manufacturing sector, compared with competing countries. Industry stakeholders say that by reducing traffic on transportation routes and improving the efficiency of freight transportation, the county can increase its logistical competitiveness.

Venu Kondur

Giving his views on the budget Lobb Logistics Chief Executive Officer Venu Kondur said, “This will be an added boost to Tech led logistics businesses “All forms of infrastructure – digital, social, physical – are being built in record time”, he went on to say “the government must adopt economic policies that will sustain growth and contribute in powering investment and fulfil aspirations. The commitment of renewed assurance on logistics policy and connecting multi-model through technology is going to be key. Increasing road network for motorable roads is also an added fillip to us. The government will take up next generation reforms and build consensus with the states and stakeholders to ensure effective implementation, Policy priority to provide training for MSMEs to compete globally. The government promise to expand and strengthen the EV ecosystem by supporting manufacturing and charging infrastructure”.

business

India International Logistics and Supply Chain Conference

Jun 9, 2022 by Praveen 0 Comments #Logistics, #Supply Chain Conference

Addressing the Industry Stakeholders at the INDIA INTERNATIONAL LOGISTICS & SUPPLY CHAIN Conference, organised by PHDCCI & Logistics Insider , Shri Som Parkash, Hon’ble Minister of State, Ministry of Commerce & Industry, Govt. of India said that the PM Gati Shakti National Masterplan will help achieve India’s aim of USD 5 Trillion economy, at PHD House, here today.

The Hon’ble Minister of State, Shri Som Prakah, mentioned that India is one of the most attractive destination for investment in the world and government has prepared some important frameworks to help thrive businesses in the country. One of them is PM Gati Shakti masterplan and its implementation which will help us to achieve our aim in logistic efficiency.

An infrastructure master plan will make a difference through integrated approach by breaking the entrenched silos over six years which has received Rs 20,000 crore allocation in this year’s Budget. Propelled by seven engines – roads, railways, airports, ports, mass transport, waterways and logistics – Gati Shakti is an idea whose time has come, added the Minister.

The Minister appreciated PHDCCI for being the forerunner in having a specialized forum for Gati Shakti, the contribution for which will go long way in aligning the objectives with the PM’s Vision of being a globally leading economy.

To help make this plan success, the Minister, urged all industry stakeholders to work in this direction collectively to achieve its significant results.

Shri Amrit Lal Meena (IAS), Special Secretary – Logistics, Dept of Commerce & Industry, Govt of India, said that a lot work is being done in this direction, mainly on component cost of transportation & fuel and inventory cost to bring in logistic efficiency. Time and cost overrun are major factors of concern in the implementation of the plan. Steps are being taken to kept them at zero level. In PM GatiShakti master plan, 600 layers of all different ministries of state government are integrated on digital platform for better coordination and early resolutions. Gaps are identified and taken on priority basis regarding transportation to eliminate unnecessary congestion, said Shri Amrit Lal Meena.

Mr. Pradeep Multani, President, PHDCCI , mentioned that the Indian logistics sector is on a big growth tide. According to the domestic rating agency ICRA, Indian logistics sector is expected to grow at a rate 8-10 per cent over the medium term. This is an improvement over the compound annual growth rate (CAGR) of 7.8 per cent at which the industry grew during the last five years. The government’s focus going forward is to bring down the cost of logistics which is at 14.4 per cent of India’s GDP at present. The development of the logistics sector is also extremely important for the Indian economy, as it will boost exports, create jobs, and give the country a prominent position in the global supply chain, said, Mr. Multani.

Mr. Ashish Wig, Chair, Gati Shakti Development Forum, PHDCCI, highlighted Infrastructure is crucial to the development of any economy. Roads, railways, airways, and waterways enable connectivity with the outside world, facilitate trade and bring prosperity to the region. Advanced modes of transportation allow faster movement of goods and services. He talked about PM Gati Shakti National Master Plan which is integral to the Prime Minister’s ‘Aatmanirbhar Bharat’ (Self-reliant India) dream and is expected to propel 21st century India towards a $5-trillion economy by 2024-25.

Mr. Ravinder Sethi, Co-Chair, Logistics Committee, PHDCCI, said that the logistics sector has emerged as India’s top job-creating sector, as per the National Skill Development Corporation. India’s need for infrastructure creation in the logistics sector is striking. The Government’s keen focus on building connectivity through a better road network, dedicated freight corridors, tech-driven warehousing along with Multi-modal logistics parks is a praiseworthy step towards the Logistics Infrastructure Creations. It will also boost India’s trade competitiveness, create jobs, improve the country’s global rankings, and pave the path for the country to become a global logistics hub.

Mr. Sandeep Wadhwa, Chair, Logistics Committee, PHDCCI, said, while a significant amount of work is happening on the ground, technological transformation is also picking pace. Tech-based start-ups brought revolutionary changes in the last mile delivery. In the last 5 years, we have seen, many more entrants in this space and connecting all three delivery miles with their smart technology.Last mile connectivity is to be prioritized while developing various economic zones and industrial parks and clusters, to make Indian businesses more competitive, with a reduced logistic cost along with the vision of providing Jobs opportunities to aspiring youth of the country.

Mr. Saurabh Sanyal, Secretary General, PHDCCI, presented a formal vote of thanks and talked about the Multi-Modal Logistics Parks (MMLPs), which would act as the focal point to link various modes of transport, are at the heart of Gati Shakti.Complementary to these efforts, the government is also developing the Unified Logistics Interface Platform (ULIP) as the digital backbone of the sector. ULIP, in a secure and decentralised manner, would integrate data from various government bodies like GSTN, Vaahan, Customs, etc. This would not only reduce the compliance burden by doing away with tedious documentation, but also create a uniform regulatory framework for the sector.

Dr. Yogesh Srivastav, Assistant Secretary General, PHDCCI, moderated the session.

The Event was sponsored by Gear, Jeena & Co, Wiz, Skyways Group and PHDCCI’s Annual Sponsors – Multani Pharmaceuticals Ltd; Star Wire; PG Industry; Uflex Ltd; DLF Ltd; Continental Carriers Pvt Ltd; Belair Travel & Cargo Pvt Ltd; Radico Khaitan Ltd; Jindal Steel & Power; MMG Group; Paramount Communications; Superior Industries Limited; JK Tyre & Industries Ltd; SMC Investments and Advisors Ltd; Crystal Crop Protection Ltd; Sagar Group of Industries; Samsung India Electronics; Comtech Interio; R E Rogers; AYUSH Herbs Private Ltd; Apeejay Stya Group; DCM Shriram; EaseMyTrip; Blossom Kochhar Beauty Products Pvt Ltd; Oswal Greentech; Trident Group; MV Cotspin Ltd; Synergy Environics Ltd; Ajit Industries Pvt Ltd; P S BEDI & Co.; Indian Farmer &Fertilizers Corporation Ltd; Jindal Steel; Hindware Sanitary; Modern Automobiles; Livit Ltd; Central Coalfields Ltd ; Axa Parenterals; Bhagwati Plastic and Pipes Industries; J K Insurance Brokers Ltd; DD Pharmaceutical Ltd.

Tag: Logistics

“One huge step to success begins with a single failure” says Raunaq Kakkar, Serial Entrepreneur, Founder of Lawpreneurz, Found My Teacher and MarriedUp