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“India is the place to be. The economy is firming up and showing solid transformation through growth. The second big trend that we can see is the relocation of manufacturing into India, which then actually serves the world. This requires additional warehousing and transportation capabilities,” Olivier Storch, deputy CEO, CEVA Logistics, told ET in an exclusive interaction.
The report also highlights that India's journey toward adopting warehouse automation will be unique, emphasizing the importance of striking a delicate balance between human involvement and automation, , warehouses
CEVA Logistics has signed an agreement to acquire 96% of Mumbai-based Stellar Value Chain Solutions (Stellar VCS).
Private equity and venture capital funding recorded a significant jump in the week gone by, crossing the billion-dollar mark, owing to two big-ticket transactions in the consumer space. Besides, deal volume regained pace from its slump ......
Ceva acquired Stellar Value Chain Solutions to triple its presence in India, where Maersk will operate 500 electric vehicles.