India's logistics firms expand as e-commerce market booms
Wed, Feb 25, 2015 - 5:50 AM
Blue Dart, a unit of DHL Express, is adding a Boeing 757 freighter and building warehouses in India, where online retailing has grown to about US$6 billion in five years. Online sales are likely to reach 3 per cent of the retail market by 2020 from less than half a per cent now.
ABOUT five years ago, e-commerce didn't mean much for India's biggest package shipping company. With a boom in online shopping now in the nation of 1.2 billion people, Blue Dart Express is expanding.
The unit of DHL Express is adding a Boeing 757 freighter to its fleet of...