DHL Unveils $1.2B India Investment Plan

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digitalization, new energy, life sciences and healthcare.More from Sourcing JournalReport: Global Markets in Strong Position to Weather Tariffs Amid Shifting AlliancesDHL Profits Rise Despite 32% US-Bound Air Freight Volume DropTrump Hints at Trade Deals for Switzerland, India That Could Significantly Slash TariffsSome of the upgrades will take place across DHL’s first automated sorting center in New Delhi, as well as facilities for its Indian air and ground delivery subsidiary, Blue Dart.DHL’s move comes as the world’s most populous country is expected to gain more traction as a global trade hub.“Global trade is facing headwinds, but we remain confident in India’s dynamic market. The country’s diversification strategy and business-friendly policies provide a solid foundation for long-term investments,” said Tobias Meyer, CEO of DHL Group, in a statement. “With our investment program of around 1 billion euros, we are expanding reliable and more sustainable logistics solutions for our customers in India.”According to DHL’s recently released Global Connected Tracker, India is forecast to achieve the third largest amount of absolute trade growth (which includes both imports and exports) over the next five years at 6 percent of the global total. This would be behind only China (12 percent) and the U.S. (10 percent).Over that span, India is expected to see its annual trade volume grow 7 percent, DHL says.Located at Indira Gandhi International Airport, the automated 34,000-square-foot sorting facility opened in March 2024, and is designed to significantly expedite the processing of inbound shipments to enhance transit times.The sorting facility has a processing capacity of 2,000 pieces per hour for packages up to 50 kilograms, with 18 sorting chutes, 11 truck docks and 18 bag and box sorting conveyors.DHL claims the facility has a 99.8 percent accuracy due to the implementation of an advanced IT system for efficient data movement.Although the logistics giant has not confirmed whether it is part of the same investment, Blue Dart revealed in an October LinkedIn post that DHL injected the company with 250 million euros ($291.9 million) in new funding.As part of Wednesday’s announcement, DHL said the infrastructure upgrades for Blue Dart would go to two low-emission warehouses—an integrated operating facility in Bijwasan and a ground hub in Haryana.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,764.77 +27.28 (+0.40%)Dow 3047,314.45 -142.77 (-0.30%)Nasdaq23,033.88 +163.53 (+0.72%)Russell 20002,393.45 +10.46 (+0.44%)VIX20.11 +0.11 (+0.55%)Gold4,109.90 -84.60 (-2.02%)PortfolioSign in to access your portfolioSign inTop gainersCDTX Cidara Therapeutics, Inc. 218.00 +112.01 (+105.68%)SRRK Scholar Rock Holding Corporation 37.97 +7.90 (+26.27%)FIGR Figure Technology Solutions, Inc. 42.71 +8.12 (+23.46%)AVDL Avadel Pharmaceuticals plc 23.24 +4.00 (+20.79%)ONDS Ondas Holdings Inc. 7.67 +1.11 (+16.92%)Top losersSTUB StubHub Holdings, Inc. 14.94 -3.88 (-20.62%)DGNX Diginex Limited 10.87 -2.64 (-19.52%)MLYS Mineralys Therapeutics, Inc. 39.73 -4.56 (-10.29%)HTFL Heartflow, Inc. 28.56 -2.38 (-7.69%)ALKS Alkermes plc 29.46 -1.55 (-5.00%)Most activeONDS Ondas Holdings Inc. 7.67 +1.11 (+16.92%)NVDA NVIDIA Corporation 189.85 +2.99 (+1.60%)OPEN Opendoor Technologies Inc. 8.31 -0.26 (-2.98%)TSLA Tesla, Inc. 409.02 +7.03 (+1.75%)SOFI SoFi Technologies, Inc. 28.89 +0.50 (+1.74%)Earnings eventsMy earnings eventsEarnings eventsTrending tickersBTC-USD Bitcoin USD 96,964.63 -3,569.07 (-3.55%)CDTX Cidara Therapeutics, Inc. 217.94 +111.95 (+105.62%)ETH-USD Ethereum USD 3,227.54 -88.35 (-2.66%)MSTR Strategy Inc 208.11 -0.43 (-0.21%)STUB StubHub Holdings, Inc. 14.91 -3.91 (-20.76%)Top economic events