DHL Supply Chain To Invest Over 500 Million Euros To Expand Its Warehousing Capacity, Workforce In India

by PTI - Sep 14, 2022 02:05 PM +05:30 IST
DHL Supply Chain To Invest Over 500 Million Euros To Expand Its Warehousing Capacity, Workforce In IndiaDHL

Contract logistics provider DHL Supply Chain will invest 500-million Euro (around Rs 4,000 crore) in India over the next five years to expand its warehousing capacity, workforce and sustainability initiatives.

With this expansion, DHL Supply Chain will add 12 million sq ft of warehousing space in its existing portfolio to take its total capacity to about 22-million sq ft by 2026, the company said in a statement on Wednesday.

The company will add this 12-million square feet of capacity in wholly-owned DHL multi-client sites in key metro cities such as Bangalore, Chennai, Kolkata, Mumbai, NCR and Pune, to cater to growing sectors such as e-commerce, retail, consumer, manufacturing as well as automotive.

Moreover, multi-client sites are being built in the fast-growing state capitals and tier-2 cities such as Baddi, Cochin, Coimbatore, Guwahati, Sanand, Indore, Lucknow, Bhubaneshwar, Hosur, and Visakhapatnam, among others.

It also plans to double its workforce in India to around 25,000 people by 2026, and make its entire intra-city fleet into green transport by 2025, the company said.

''We take a long-term view in India with businesses here having reasons to be optimistic,” said Terry Ryan, CEO, DHL Supply Chain Asia Pacific.

DHL Supply Chain is a part of DPDHL Group of Germany.

The company said it will also open two new business support centers (BSC) in Bangalore and Pune within the next 12-18 months to support customer demand. Currently, it runs three such 24X7 centres at Mumbai, Gurgaon and Chennai.

''Despite the current, economic and geopolitical uncertainties in the world, we see an enormous growth potential in the Asia Pacific region, with India making a significant contribution.

''With a rich pool full of highly-qualified young talents and innovative digital entrepreneurs India is a favourite hub for our global contract logistics business in DHL Supply Chain and one of our priority markets,” said Oscar de Bok, CEO, DHL Supply Chain.

Further, DHL Supply Chain is also investing in skill development and resourcing centers with the first such facility already functional in Bangalore with similar plans to set up similar facilities in Mumbai, Delhi, Chennai and Kolkata as well.

DHL Supply Chain said its SmarTransport division will also leverage its warehouse investments to further accelerate transport growth by providing strategic, scalable solutions to large customers enabling economies of scale with end-to-end service offerings.

Building up large multi-client sites with efficient end-to-end transport solutions allows the company to maximize operational efficiency and puts it in a strong position to scale according to what its customers need, across various sectors, said Vikas Anand, Managing Director, DHL Supply Chain India.

(This story has been published from a wire agency feed without any modifications to the text. Only the headline has been changed.)

Get Swarajya in your inbox everyday. Subscribe here.

An Appeal...

Dear Reader,

As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.

Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.

We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.

Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.

Become A Patron
Become A Subscriber
Comments ↓
Get Swarajya in your inbox everyday. Subscribe here.

Latest Articles

    Artboard 4Created with Sketch.