Tag: India

Interview – FedEx eyes booming Middle East-India trade

Posted by | Mar 2, 2007 | |

FedEx is seeking to take advantage of the fast growth in trade between India and the Middle East with its direct flights between the two regions, a senior manager told CEP-Research in an interview.

The US integrator expanded its Middle East capacity in autumn 2005 by upgrading weekday flights from its European air hub in Paris to the Middle East hub at Dubai with an MD-11 freighter. It also started its own flights from Dubai to India in place of using commercial capacity. FedEx now has a daily eastbound and westbound service using MD-11 flights that operate from Paris via Dubai to Delhi and Mumbai, and return via Dubai to Paris.

“The MD-11 flights open up the market with large capacity,” said Brian Britnor, senior manager sales, Middle East & Africa, on the sidelines of this week’s World Mail & Express Logistics Middle East, Africa & South Asia conference in Dubai. Trade between India and Dubai, which has a large Indian business community, has more than quadrupled since 2002 to reach $10.9 billion in 2006, according to official statistics from Dubai released at the end of February.

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Postal employees oppose privatisation move

Posted by | Feb 27, 2007 | |

Postal employees at the three-day biennial divisional conference of the National Federation of Postal Employees that was inaugurated in the city on Sunday vowed to oppose any attempt to privatise postal department.
They took out a rally in the city that concluded at their conference site shouting slogans against attempts to privatise postal sector in the name of reforms. This conference was inaugurated by vice president of CITU Janardan Pati.

The problem of Gramin Dak Sevaks was also major point of discussion at the open session of the conference. Employees demanded provision of proper status and pension to the GDS, who are lifeline of the postal network. The employees are also opposed to any attempt by the Government to reduce the staff strength and want all vacant posts to be filled as early as possible. It was a common opinion that the postal department should have monopoly over collection, conveyance and delivery of letters and mail as recommended by the parliamentary standing committee.

National leader of postal employees K.Raghavendra, who attended this conference, said political parties like Congress and BJP were not interested in solving the problems of postal employees. According to him postal employees were planning to hold national strike if the Government continues on the path of privatisation of postal sector.

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Blue Dart appoints new Managing Director & Sales up by 24.51%

Posted by | Feb 23, 2007 | |

Blue Dart Express Limited today announced the appointment of Anil Khanna as Managing Director of the company with effect from February 21, 2007. Anil Khanna will replace Malcolm Monteiro who has moved to DHL Express, Asia Pacific, as Senior Vice President and Area Director for South Asia.

The Company posted Rs 50.23 crores profit after tax for the year ended December 31, 2006, compared to Rs 43.41 crores for the nine-month period ended December 31, 2005 of the previous year. Income from operations for the year ended 2006 was 668.02 crores. Blue Dart, last year, moved to a financial reporting for the calendar year from the earlier fiscal year.

Anil Khanna has 27 years of experience in various industries and has been with Blue Dart for over 14 years. He moves to the position of Managing Director from his earlier position as Senior Vice President – Western Region. As the Head of the Western Region, he has been responsible for developing business potential, driving strong growths in the region, which contributes to a third of the company’s revenues, and enhancing service quality. Anil is a graduate from St Stephen’s College, Delhi and holds anMBAdegree in Marketing and Finance fromUBS, Chandigarh

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India Logistics Industry: USD125 Billion Goldmine

Posted by | Feb 21, 2007 | |

India’s third-party logistics (3PL) market is all set to experience a period of explosive organic growth, going by independent market analyst Datamonitor’s (DTM.L) latest research. The report, “India Logistics Outlook 2007,” predicts high double-digit growth rates for both outsourced and contract logistics in India. With India’s gross domestic profit (GDP) growing at over 9% per year and the manufacturing sector enjoying double digit growth rates, the Indian logistics industry is at an inflection point, and is expected to reach a market size of over USD125 billion in year 2010.

“Strong growth enablers exist in India today in the form of over USD300 billion worth of infrastructure investments, phased introduction of value-added-tax (VAT), and development of organized retail and agri-processing industries”, say Praveen Ojha, Logistics analyst with Datamonitor and author of the study. “In addition, strong foreign direct investment inflows (FDI) in automotive, capital goods, electronics, retail, and telecom will lead to increased market opportunities for providers of 3PL in India.”

However, as a result of the under-developed trade and logistics infrastructure, the logistics cost of the Indian economy is over 13% of GDP, compared to less than 10% of GDP in almost the entire Western Europe and North America. “As leading manufacturers realign their global portfolios of manufacturing locations, India will have to work on such systemic inefficiencies, in order to attract and retain long-term real investments.”

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

Posted by | Feb 19, 2007 | |

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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