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DHL Invests in India's E-Commerce Sector

DHL Invests in India's E-Commerce Sector

German logistics company DHL will invest 70 million euros as part of its plans to expand its reach across the Asia Pacific region, reports Apparel Resources.

Commenting on this move, Charles Brewer, CEO of the company stated, ‘The U.S. and Asia Pacific are the two largest markets for online commerce and the opening of these new facilities is a further step in the development of DHL’s online logistics network; India is truly an important market for us and one of the fastest growing.” The company aims to capitalize on the increasing consumption by the middle class as well as increased mobile and internet penetration and the development of logistics and infrastructure in India.

DHL Logistics

Malcolm Monteiro, CEO, Asia Pacific, DHL eCommerce added, “Identifying the tremendous potential in Asia Pacific, we are making aggressive steps to ensure that our customers are well supported to tap into the growing e-commerce market.”

 

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