Published On:September 6 2024
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"DHL eCommerce to Boost India Operations with ₹250 Million Investment Plan"

"DHL eCommerce to Boost India Operations with ₹250 Million Investment Plan"

German logistics giant DHL eCommerce is poised to substantially expand its operations in India by 2030, unveiling a ₹250-million investment plan. The strategic initiative includes expanding its aircraft fleet, opening two major hubs, constructing approximately 30 new facilities, and making significant local acquisitions.

Pablo Ciano, CEO of DHL eCommerce, shared the company's ambitious "Master Plan for India: 2030" with ET, highlighting India's vast potential in logistics development. "India represents the greatest global opportunity in logistics. We believe the next decade will be India’s decade," Ciano stated. He added that with these enhancements, India is expected to rise from being among the top 15 revenue contributors to the top 10 by 2030.

The investment will focus on increasing aircraft fleet capacity by 35%, tripling its electric delivery vehicles to 1,000, and investing ₹100 million in digitization efforts. This expansion is part of DHL’s broader ₹500-million investment plan for India.

DHL’s investment will also benefit its major subsidiary, Blue Dart, which recently upgraded its aviation capacity by adding two new Boeing 737s, increasing its fleet to 10, and replacing older aircraft with more fuel-efficient widebody models. Ciano emphasized Blue Dart’s critical role in their investment strategy, noting, "Blue Dart is a key component of this expansion. We are now among the largest air cargo delivery companies in India."

The company is also exploring acquisitions within the Indian logistics sector, aiming to enhance its capabilities and expand its market presence. Ciano noted that DHL is targeting acquisitions that will add value and benefit shareholders, focusing on strong companies with robust management and talent.

DHL eCommerce anticipates a 12-15% volume growth in FY25, positioning itself to capitalize on the booming e-commerce sector in one of its fastest-growing markets.

ET





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