DHL Plans Rs 2,100-Crore Investment in India

International logistics major, DHL group plans to invest close to €300 million (nearly Rs 2,100 crore) in India in the coming years, according to Mr Malcolm Monteiro, CEO-South Asia, DHL Express.

DHL Express that holds a majority stake in Blue Dart Express has no plans to merge both entities and the latter would remain a separate brand, he said.

Mr Monteiro was in Coimbatore for the opening of the company’s service centre in the city.

Declining to give a break-up of the investment planned, Mr Monteiro quoted Mr Frank Appel, Global Chairman of Deutsche Post AG, as saying (during his recent visit to the country) the parent company will pump in up to €300 million into India in the coming years.

The company will focus on developing free trade houses, create specialized industry verticals, reach out to the SMEs with tailor-made products, cross-sell DHL brands and to attract talent.