fbpx

DHL eCommerce Boosts India Operations with Massive ₹250 Million Investment Plan by 2030

DHL eCommerce, the German logistics giant, is gearing up to expand its operations in India by 2030 with a ₹250-million investment plan. This plan includes expanding its aircraft fleet, opening two major hubs, building new facilities, and making significant acquisitions in the country.

Pablo Ciano, CEO of DHL’s eCommerce division, told ET about the company’s big plans for India by 2030. “India is one of the biggest opportunities globally for logistics growth. We believe the next decade will be India’s decade. Currently, India ranks in the top 15 for DHL’s revenue. With this investment, we expect it to be in the top 10 by 2030,” Ciano said.

The investment plan includes expanding the company’s aircraft fleet capacity by 35%, adding 1,000 electric delivery vehicles, and opening 30 new facilities across India. Around ₹100 million will be spent on digitisation. DHL’s parent company also has a larger ₹500-million investment plan for India.

Part of the investment will go into DHL’s Indian subsidiary, Blue Dart, which plays a key role in the company’s operations. Blue Dart recently added two new Boeing 737s, making its total fleet 10, and is switching to more fuel-efficient widebody aircraft. Ciano highlighted the importance of Blue Dart in this growth strategy.

Additionally, DHL is looking to acquire Indian logistics companies to boost its capabilities. Ciano said the focus is on acquiring companies that can improve DHL’s services, not just increase market share.

DHL expects to see a 12-15% growth in volume by FY25, driven by the rapidly growing ecommerce market in India, which is one of the company’s fastest-expanding markets.

Disclaimer: The views and investment tips expressed by investment experts on Sharepriceindia.com are their own and not those of the website or its management. Sharepriceindia.com advises users to check with certified experts before taking any investment decisions.​​

We will be happy to hear your thoughts

      Leave a reply

      Share Price India News
      Logo