Gati records 63% profit jump despite “sluggish” economy
Indian express company Gati Ltd has achieved a 63% increase in net profits for the first three quarters of its 2011-12 fiscal year.
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Kintetsu World Express forms joint venture with Indian delivery firm
Japanese freight forwarding company Kintetsu World Express (KWE) Group has agreed to form a joint venture with Indian courier and supply chain logistics firm Gati Ltd.
Read MoreIndian operator Gati launches strategy plan
Indian express company Gati has announced a new “path-breaking and comprehensive” expansion strategy.
Read MoreReview of the Year: Global slowdown hits express industry in 2008
After a good start to 2008, the international express industry has been hit by a dramatic decline in recent months as the economic environment has worsened. This ‘Review of the Year’ looks at how the market leaders have developed during 2008 and how they are responding to the slowdown in business.
Read MoreGati opens new retail outlet in Bangalore
Indian express carrier Gati is continuing to expand its network of retail outlets with the opening of a new Gati Café Deliver in Bangalore.
At the beginning of 2007, the company announced plans to invest EUR 8.7 million over the next three years in a large string of retail outlets. Gati said it planned to open a total of 100 owned stores as well as franchises to 1,500 kiosks across the country in a bid to increase its domestic presence.
Bangalore is now the fourth Gati Café Deliver following the inaugural outlet in Hyderabad and two other stores in Pune and Kolkata.
Gati Café Deliver is described as a unique kind of outlet designed like a business lounge, where a customer can sit down in a relaxed atmosphere over a cup of coffee and tea and send his documents. The cafés act as express pick-up and delivery points, as well as offering fax, photocopying, telephone, printing and Internet browsing services.
In additional, the retail outlet is positioned as a single window solution, where a customer can choose from a portfolio of basic business solutions such as Gati Surface Express, Gati Air Express, Gati International, AI-Gati, Gati Desk to Desk Cargo, Gati Supply Chain Management and Gati Coast to Coast. Gati Café Deliver operates 24×7 enabling customers to send documents almost anywhere in India and abroad.
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