Are the other mar­kets in Asia that Dachser is in­ter­ested in?

Cargo Talk - - Freight Forwarder -

Podesta: Though, we are present in a num­ber of coun­tries, there are two of them in Asia that are key for us - China and In­dia. We were not the first com­pany to get into South East Asia, but to­day, we have our pres­ence in In­done­sia, Malaysia, Viet­nam, Sin­ga­pore, Thai­land and we would like to strengthen our po­si­tion in these coun­tries.

Our long-time Korean part­ner de­cided to re­tire and we took the com­pany over. Now, we have a com­pany that we are push­ing to in­te­grate into our net­work. We are in Bangladesh, Greater China, Hong Kong and Tai­wan. So, the fo­cus is where we are al­ready present. But, the stronger fo­cus is still on China and In­dia. Prob­a­bly, in the next two to three years, we will look at Aus­tralia and New Zealand. It is some­where we want to be present in due time, but we are not in a hurry.

China is now turn­ing into a con­sump­tion econ­omy from a man­u­fac­tur­ing econ­omy. The ‘fac­tory of the world’ as it was called, is al­ready chang­ing its fo­cus. Si­mul­ta­ne­ously, In­dia, ear­lier called the ‘of­fice of the world’, is now slowly tran­si­tion­ing into the ‘fac­tory’, thanks to PM Modi.

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