Tag: Asia

Blue Dart introduce `Import Express' (in alliance with DHL)

Blue Dart, an integrated air express, courier and package distribution company, has launched the `Import Express’ service in alliance with DHL. Import Express is a one-stop-shop solution for imports with one invoice, one currency, one account and one bill.

Import Express will cover pick up, export from origin, express international transportation, customs clearance at destination and door deliver to customers, at transparent pricing.

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DHL to invest Y1.1bn in Japan

The CEO of DPWN, Klaus Zumwinkel, has been touring North Asia this week and outlining his company’s investment plans for the region. Reports from Japan indicate that Klaus Zumwinkel has stated that DHL will invest Y1.1bn (USD100m/euro66m) at its facilities in Kansai International Airport in Osaka and Central Japan International Airport near Nagoya. This is in addition to the already announced decision to establish a distribution hub in Ichikawa near Tokyo for the DHL Express business.

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DHL to invest about USD110 mln for expansion in China

DHL is planning to invest USD110 million in China over the next few years. The investment will focus on infrastructure expansion, which includes more vehicles and service centers, and the training of staff in China, said Klaus Zumwinkel, board chairman of Deutsche Post World Net, DHL’s parent company. DHL has expanded its branch companies in China from 56 last year to 73, including a newly opened branch in Lhasa, capital of Tibet Autonomous region. From 2001 to 2006, DHL has invested USD 1 billion in China, accounting for half of its investment in the Asia-Pacific region.

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Blue Dart plans Rs 22 cr expansion

Blue Dart Express Ltd has planned an investment of Rs 22 crore during the current year to expand its facilities network in the country.

The Rs 487-crore company, of which 80 per cent is owned by DHL Limited, is also betting big on the import-express business it launched a month ago.

Blue Dart’s senior vice-president for western region Anil Khanna told the media on Wednesday that the company would complete the expansion by the end of 2007, when it will have created a network of 20 new facilities including 12 warehouses across the country.

Of the proposed investment, Rs 8 crore would be in the western region that accounts for about a third of the company’s business. Four of the proposed facilities will be in the western region, he said. The company opened two new warehouses in Pune on Wednesday.

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India post to set up 300 financial marts by March 2007 (also intends to expand rural postal life insurance business)

The Department of Post, Government of India, aims to increase postal financial marts to 300 by the end of 2006-2007. Hence, India Post has tied up with banks, including ICICI Bank and Corporation Bank, to set up financial marts in the country. It also plans to hire retired officers for expanding rural postal life insurance business. India Post also aims to have 8,100 fully computerised post offices and savings bank accounts by Mar 2007.

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