DHL to open two Free Trade Zones in North In­dia

These new zones will fa­cil­i­tate the han­dling of time and tem­per­a­ture-sen­si­tive goods, and will cater to in­dus­tries such as phar­ma­ceu­ti­cals and life-sciences. DHL plans to in­vest up to 15 mil­lion eu­ros in the pro­ject.

Cargo Talk - - News -

Af­ter hav­ing opened Free Trade Zones (FTZs) in Chen­nai and Mum­bai five years ago, DHL Lo­gis­tics is plan­ning to open two more in the north­ern re­gion of the coun­try.

Sa­mar Nath, CEO, DHL Global For­word­ing In­dia said that an in­vest­ment rang­ing from five mil­lion eu­ros to 15 mil­lion eu­ros is ex­pected. Elab­o­rat­ing fur­ther, he said, “We have iden­ti­fied two lo­ca­tions and it will de­pend on cus­tomers' feed­back on the FTZ site for the North In­dian re­gion.”

The North In­dia FTZs will fa­cil­i­tate the han­dling of time- and tem­per­a­ture-sen­si­tive goods, and will cater to in­dus­tries like phar­ma­ceu­ti­cal and life-sciences, oil and gas, avi­a­tion and lux­ury.

Nath also men­tioned that the Mum­bai FTZ is also be­ing ex­panded in re­sponse to the de­mand for lo­gis­tics man­age­ment in the coun­try. Draw­ing at­ten­tion to the Ford Mo­tors’ an­nounce­ment, wherein, the com­pany plans to ship its cars from the In­dian plant to US, Nath is op­ti­mistic about growth. “We are try­ing to con­nect trans­porta­tion and ex­ports from SMEs through var­i­ous des­ti­na­tions of load­ing, un­load­ing and stor­age to ship­ments at ports," Nath con­cluded.

Sa­mar Nath

CEO DHL Global For­word­ing In­dia

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