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With Indias warehousing industry warming up to the idea of big-ticket investments in automation technologies, it provides tremendous opportunities for startups that manufacture products locally and cater to specific customer needs. While they enjoy a distinct cost advantage, there are many challenges to overcome.
In the logistics industry, a gateway is the central point at which freight moving from one region to another is interchanged between transport vehicles heading into different directions.
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In the quarter, Delhivery also announced that it will be increasing its stake in Falcon Autotech. The Gurugram-based company will also be rejigging its top deck.