DHL expands within SAARC region
DHL is looking at expanding its business within the SAARC region (South Asian Association for Regional Co-operation) with an integrated product portfolio that will bolster transportation and trade between SAARC nations.
DHL is the first logistics player to foray into the SAARC segment and plans to service the estimated 120 pound Express market share in the region.
This set of innovative logistics solutions will help in quicker transit times, better customer service through online track and trace, one invoice, door-to-door delivery and special SAARC zone pricing.
These services use DHL’s enhanced infrastructural support to gain direct connections to key SAARC destinations – Pakistan, Sri Lanka and Bangladesh.
It has been observed that trade can significantly increase once trade barriers are lifted. According to an AT Kearney study in 2007, with implementation of NAFTA, ASEAN EU in 2003, trade grew significantly by 44 pct, 49 pct & 63pct respectively since implementation.
