Latest news with #WDRA
Time of India
20-05-2025
- Business
- Time of India
Warehousing helping lower India's high logistics costs; 100,000 warehouses for post-harvest losses: WRDA's Anita Praveen
Talking about how warehousing is contributing towards lowering India's high logistics costs, Anita Praveen , Chairperson, Warehousing Development and Regulatory Authority (WDRA), Government of India stated that there is an efficient management of commodities done by the warehousing processes. 'We create a cost-effective hub and spoke model, so that supply chains are sustained as far as food products as raw material is concerned for the food processing industry and consumption purposes. So we are helping keep the logistics costs lower – today we are struggling with 14-18% logistics costs, while the international standards stand at 8%,' she stated at the 16th FICCI Foodworld India 2025 event in the capital on Tuesday. One of the the main objectives of the WDRA is to implement Negotiable Warehouse Receipt (NWR) system in the country, which would help farmers to store their produce in scientific storage godowns nearby their farms and to seek loan from banks against their NWR . Elaborating further, Praveen highlighted that India has identified more than 100,000 warehouses as part of a push to reduce post-harvest losses. 'We are trying to bring in as many as possible into the fold of WDRA. It is not created only for farmers – we do serve the farmers and they are our primary targets. But the private sector, the state governments, leading government of India storage capacities that are created under the two major institutions of Central Warehousing Corporation (CWC) and Food Corporation of India (FCI) are also part of this warehousing network. And this network is an important one because ultimately, they are huge storage capacities that are created around them,' she said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Canada is looking for skilled immigrants - New job opportunities are waiting for you! Canada Immigration Express Apply Now Undo At the moment, she stated, they cover 164 commodities but the plan is gearing up towards expansion of this list. 'When I say commodities, if it is rice, we don't just cover prime basmati or something. We cover various categories of rice and the warehouses are responsible for the quality maintenance of the produce that is stocked with them. We do regular inspections and at the time of registration of the warehouses, we ensure that the quality standards are met. On a six-monthly basis, we also take care that these stocks are available,' she highlighted. Elaborating further, Praveen stated that a few non-agri products are also included as well as nine metals. 'That list is under scrutiny for expansion. We also hope that we will start covering the e-retailers' warehouses in a very short time,' she said. Live Events The small investors, she stated, are covered by the credit guarantee scheme. 'It is again an assurance for anyone who is operating at a small level. The big ones, of course, can take care of themselves, so the scheme does not cover them,' she highlighted. Praveen added that the integration of warehousing and food processing is crucial for handling India's growing agricultural production, which continues to increase year after year. 'The food processing sector and warehousing are two very crucial players as far as the surplus food is concerned. Otherwise, we end up with lots of losses of food,' she stated, while emphasising that WRDA is in sync with India's ambition to become a global food processing powerhouse. The FICCI-Deloitte White Paper, 'Spurring Growth: Driving Innovation and Unlocking Opportunities in the Indian Food Processing Sector,' which was released at the event highlighted that India's food processing sector is undergoing transformative growth driven by rising disposable incomes and evolving consumer preferences.
Yahoo
25-04-2025
- Automotive
- Yahoo
Former Skyview Drags enters partnership with World Drag Racing Alliance
TIOGA CENTER, N.Y. (WIVT/WBGH) – Skyline Motorsports Park in Tioga Center, formerly known as Skyview Drags, has entered a multi-year partnership with the World Drag Racing Alliance (WDRA), the park announced Friday. The scenic eighth-mile facility will be under new management going forward, with veteran track operator James Robinson leading the effort alongside George Coleman and Dave Gennett. Robinson has nearly 35 years of drag racing venue management experience across New York State. 'Robinson brings a wealth of knowledge, passion, and vision to Skyline's future,' the release said. The original Skyview Drags only operated for 12 years, closing abruptly in 2018, and forcing local drag racing enthusiasts to drive to Syracuse or beyond to participate in the sport. In April 2024, the track was resurrected by a team of mostly volunteers under the name Skiview Drags led by an anonymous owner and track managers Pat Schrader and Gennett. WDRA director Jon O'Neal says the Alliance is excited to welcome Skyline Motorsports Park into the family. 'Having the Skyline racers in the WDRA will feel like a family reunion,' O'Neal said. 'I'm excited that a part of the new managerial goal is to bring a team to the Bracket Finals. The goal of providing a platform for racers and racetracks to prosper is not lost on Robbo and the new team.' The new schedule will include a variety of events and be more conducive to fans and racers alike. Friday fun and grudge Saturday Racing Shows Sunday WDRA points series No Prep Events & Special Features New: Points Racing Program moved to Sundays Car Shows, Tractor Pulls, and Diesel Races Jet Dragsters and Holiday Weekend Shootouts Monthly Wednesday Night Grudge Racing & test and tune Truck Nights and More For a look at the full schedule, visit Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
