DHL to expand India warehouses on e-commerce boom, new sales tax
Mumbai
INDIA'S bustling e-commerce transactions and a planned new national tax system that's expected to boost freight movement are prompting Deutsche Post DHL Group to expand warehouse capacity in one of the world's fastest growing major economies.
"We see business-to-consumer as the next big challenge, a big growth area and we really want to tap that through businesses such as modern retail," Vikas Anand, Mumbai-based managing director at DHL Supply Chain India Pvt, said in an interview on May 30.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Consumer & Healthcare
Holiday Inn owner IHG’s Q1 revenue up 2.6%, leisure travel demand remains strong
WSJ moves Asia headquarters from Hong Kong to Singapore
South Korea to slap fines on food suppliers for ‘shrinkflation’
Olam outbids Dreyfus’ sweetened deal for Australia’s Namoi, raises offer to A$0.66 per share
Live Nation’s revenue beats estimates as boom in concerts drive ticket sales
Jim Beam owner bets on canned vodka cocktails to double revenue