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Deutsche Post-DHL to pump 100-mn euros to tap e-tailing

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Press Trust of India Mumbai
Leading global mail and logistics group Deutsche Post DHL plans to invest over 100 million euros into Indian arm over the next two years to create infrastructure and to set up fulfillment centres, a top company official said today.

Deutsche Post has also chosen India to pilot development of its e-commerce business model for Asia Pacific, Deutsche Post DHL chief executive Frank Appel said.

"This region is expected to soon surpass North America and Europe as the biggest online market in the world. As the leading logistics company with an unsurpassed global footprint, there is a huge opportunity for us to become the world's leading provider of e-commerce logistics and we have a ready solutions infrastructure in India to pilot our solutions," Appel said.
 

According to the company's global e-tailing report, e-commerce share of over all trade volume of emerging markets will be up to 30 per cent (40 per cent in developed countries), by 2025.

Through its domestic subsidiary Blue Dart Express, the German logistics giant is investing in infrastructure and the development of fulfillment centre, multiple delivery and payment options as part of its aim to become a leading player of e-commerce services, the company said.

The company will set up 15 fulfillment centre across locations, including Delhi, Bangalore and Mumbai as well as in tier-2 cities as part of this plan, he said.

Blue Dart Express managing director Anil Khanna said e-commerce portals like Flipkart, Amazon among others have evinced interest in the proposed fulfillment centres.

"We are working closely with leading brands, market place sellers and retailers to help them establish a sustainable e-commerce footprint. That's why we are investing in the right infrastructure, including IT, to build the right model for consumers and sellers," he said.

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First Published: Aug 26 2014 | 8:40 PM IST

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