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DHL To Invest Rs 800 Crore In India To Tap e-commerce Sector

DHL To Invest Rs 800 Crore In India To Tap e-commerce Sector

Deutsche Post DHL, the leading global mail and logistics group, is set to invest over 100 million euros (about Rs 800 crore) in India over the next two years. The company’s aim to become the go-to for services related to e-commerce. According to sources, Blue Dart, a subsidiary of DHL will play a major role in creating the e-commerce wave.

According to Deutsche Post DHL chief executive Frank Appel, Deutsche Post has also chosen India to pilot development of its e-commerce business model for Asia Pacific. He believes that India will soon become the biggest online market in the world.

"This region is expected to soon surpass North America and Europe as the biggest online market in the world. As the leading logistics company with an unsurpassed global footprint, there is a huge opportunity for us to become the world's leading provider of e-commerce logistics and we have a ready solutions infrastructure in India to pilot our solutions," said Appel.

As per the company's global online retailing report, e-commerce share of over all trade volume of emerging markets will surge to 30% by 2025. Notably, the share in developed countries will rise upto 40%.

In a bid to become the leading player of e-commerce services, the German logistics giant is investing through its domestic subsidiary Blue Dart Express in infrastructure and the development of fulfillment centre, multiple delivery and payment options.

DHL will set up 15 fulfillment centre across locations, including Delhi, Bangalore and Mumbai as well as in tier-2 cities as part of this plan, said Appel.
Blue Dart Express managing director Anil Khanna said e-commerce portals like Flipkart, Amazon among others have shown interest in the proposed fulfillment centres.
(Image: Wikipedia)

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