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DHL to gain from GST, digitisation, e-commerce in India
27 Nov '17
1 min read
The goods and services tax (GST) regime, digitisation and e-commerce will lead to greater opportunities for DHL Express’ India operations, according to its CEO Ken Allen, who foresees a significant rise in cargo movements between India and China. The company sees strong growth potential within and outside the Indian market, said its Asia Pacific CEO Ken Lee.
Online orders will raise cargo volume for product deliveries and movement of infrastructure-related documentations in India, a news agency report quoted Lee as saying.
DHL Express recently announced a 335 million euro expansion at its Central Asia hub (CAH) in Hong Kong where it recorded a 5.3 per cent growth in cargo movements between China and India between January and September this year. CAH, located within a five-hour flight time to India, allows DHL to serve half of the world’s most populous nations.
The CAH expansion is part of the company’s strategy to strengthen hubs at Shanghai, Singapore and Bangkok, linking its Asia-Pacific markets globally. (DS)
Online orders will raise cargo volume for product deliveries and movement of infrastructure-related documentations in India, a news agency report quoted Lee as saying.
DHL Express recently announced a 335 million euro expansion at its Central Asia hub (CAH) in Hong Kong where it recorded a 5.3 per cent growth in cargo movements between China and India between January and September this year. CAH, located within a five-hour flight time to India, allows DHL to serve half of the world’s most populous nations.
The CAH expansion is part of the company’s strategy to strengthen hubs at Shanghai, Singapore and Bangkok, linking its Asia-Pacific markets globally. (DS)
Fibre2Fashion News Desk – India
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