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DHL eCommerce puts US$75m into India air hubs' expansion
DHL eCommerce, a division of Deutsche Post DHL Group, is investing EUR70 million (US$74.95 million) to bolster its operations in India and meet rapidly rising demand for e-commerce logistics services.
Through its subsidiary Blue Dart Express, the funds will be invested in the expansion of its air hubs in Delhi and Mumbai, which are part of its network of 13 air hubs in India. The latest investment supports the growth of B2C e-commerce in India, and is part of the company's broader plan to aggressively expand across Asia Pacific.
Catering to the increasing shipment volumes by B2C e-commerce consumers in India, the air hubs, measuring 5,761 sqm and 4,274 sqm in Delhi and Mumbai respectively, will be equipped with automation to handle a daily volume of 500 tonnes.
The automation in both air hubs enables Blue Dart to process higher volumes of inbound and outbound shipments in a shorter time span for distribution to consumers across India by air. With the Mumbai air hub located at an airside facility, it will further accelerate the speed of domestic cross-border air shipments, streamlining customs processes and boosting on-time performance.
"India is a really important market for us and is one of the fastest-growing, with B2C e-commerce expected to grow from EUR9.6 billion in 2016 to between EUR30-40 billion in 2020," said CEO Charles Brewer, DHL eCommerce.
"With retail e-commerce in India expected to grow at a CAGR of 30 to 35 per cent by 2020, the air hubs will bolster our operations to better serve the growing e-commerce market in the country. We see tremendous opportunities across Asia Pacific as well, where many emerging economies are located, and will expand our footprint accordingly," said CEO, Asia Pacific, DHL eCommerce, Malcolm Monteiro.
Through its subsidiary Blue Dart Express, the funds will be invested in the expansion of its air hubs in Delhi and Mumbai, which are part of its network of 13 air hubs in India. The latest investment supports the growth of B2C e-commerce in India, and is part of the company's broader plan to aggressively expand across Asia Pacific.
Catering to the increasing shipment volumes by B2C e-commerce consumers in India, the air hubs, measuring 5,761 sqm and 4,274 sqm in Delhi and Mumbai respectively, will be equipped with automation to handle a daily volume of 500 tonnes.
The automation in both air hubs enables Blue Dart to process higher volumes of inbound and outbound shipments in a shorter time span for distribution to consumers across India by air. With the Mumbai air hub located at an airside facility, it will further accelerate the speed of domestic cross-border air shipments, streamlining customs processes and boosting on-time performance.
"India is a really important market for us and is one of the fastest-growing, with B2C e-commerce expected to grow from EUR9.6 billion in 2016 to between EUR30-40 billion in 2020," said CEO Charles Brewer, DHL eCommerce.
"With retail e-commerce in India expected to grow at a CAGR of 30 to 35 per cent by 2020, the air hubs will bolster our operations to better serve the growing e-commerce market in the country. We see tremendous opportunities across Asia Pacific as well, where many emerging economies are located, and will expand our footprint accordingly," said CEO, Asia Pacific, DHL eCommerce, Malcolm Monteiro.
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