Tag: India

India industry: Weak infrastructure is constraint on logistics market

Posted by | Jun 29, 2006 | |

India’s transportation and logistics market holds potential for both domestic and foreign companies, and is expected to reach USD20bn in revenue by 2009

It is fragmented and unorganised, but India’s transportation and logistics market presents huge potential for both local and foreign operators. Valued at USD14bn in revenue in 2004, the market is expected to grow at a compound annual growth rate (CAGR) of about 7% and to reach USD20bn in revenue by 2009.

There are several factors driving this growth. For a start, customers have become more demanding, thereby forcing companies to improve their on-time delivery. In addition, greater globalisation has led to a higher volume of trade. But most importantly, companies increasingly are outsourcing their logistics requirements to specialist services providers in India.

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Myanmar international express mail services to expand to 30 more countries

Posted by | Jun 27, 2006 | |

The state-run Myanmar International Express Mail Services (EMS) will expand its services to 30 more countries starting July 1, the local Weekly Eleven News reported Tuesday.

The Myanmar EMS International under the Ministry of Communications, Posts and Telegraphs is currently rendering services to 32 countries in Asia and North America.

The expansion would bring the total number of countries to where the EMS International is accessible to 62.

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TNT gears up to ride Asian clinical trial wave

Posted by | Jun 22, 2006 | |

TNT is positioning itself to capitalise on expected 20 per cent annual growth in Asia’s clinical trial market over the next five years.

TNT’s new director of clinical life sciences for Asia, Lim Bee Koong, has been tasked with spearheading TNT’s push. A life sciences industry veteran with more than 10 years experience, Ms Lim will oversee an area that includes China, Indonesia, Japan, Malaysia, the Philippines, Singapore, South Korea, Thailand and Vietnam.

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DHL bets big on India, to step up new investments

Posted by | May 27, 2006 | |

DHL will continue to invest in India as a core growth market, says Scott Price, CEO, DHL Express Asia Pacific. DHL has invested over USD1.6bn in Asia Pacific so far, of which US USD250m is in India. And, more is on the way. Until the late 1990s, says Mr Price, China took a lot of time and focus. But now we are beginning to see a shift to an Asia strategy that includes both India and China. He says increasingly India is seen as a very credible place to invest in, but the lack of good infrastructure hampers proper growth. Growth for DHL in India will come from auto, computers, chips, and textiles, which are sourced increasingly from India and will need a seamless time-sensitive supply chain.

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