DHL plans more investments in India's industrial cities

Global logistics company DHL is planning its next investment in India's major industrial cities as part of its ongoing euro 100 million expansion strategy for the country announced last October, a senior company executive said here today.

"We expect to conclude a strategic review (of the investment) in the second half of this year and conclude the investment that would need to be made," said Paul Harry Graham, the Singapore-based Chief Executive Officer for Asia Pacific, Middle East & Africa at DHL Supply Chain.

"It would probably be a dozen more cities and a sizeable investment," Graham told PTI.

The cities would include Pune, known for automobile industries, Ludhiana and Nagpur as well as further expansions at DHL's existing operations in Delhi, Kolkata and Ahmedabad, he said, adding the euro 100 million investments would cover eight key cities.

"We are very confident about the long-term future in India, particularly when it comes to DHL business and the supply chain services," said Graham.

Elaborating on DHL plans for India, Graham said the company's new unit, DiSCha Consulting, is already advising customers on managing supply chain in the Indian market.

"We will educate our manpower in managing DHL operations, provide incentives to our employees," he said, pointing to the ever increasing demand for supply chain services from the Indian industrial sectors.

"Pharmaceutical industry is a specific target for us, globally and specifically in India," he said.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

FC NEWSLETTER

Stay informed on our latest news!

EDITORIAL OF THE DAY

  • Permanent removal of gender inequities can end workplace sexual harassment

    Ousted iGate CEO Phaneesh Murthy has admitted to a relationship with the company’s investor relations head Araceli Roiz, but has denied all harassme

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Roopen Roy

Where is the Charging Bull headed to?

On a balmy spring morning last week, I was admiring ...

Rajgopal Nidamboor

The disdainful wrath of greed

It is rightly said that money isn’t the root of ...

Gautam Gupta

Immense potential of e-commerce in fashion and apparel

Michael Aldrich launched online shopping in1979 with no clue whatsoever ...