DHL announces investment of €500m in India
DHL will invest EUR 500 million in India over the next five years to develop its warehousing capacity, workforce, and sustainability initiatives in India. With this investment, DHL will own and operate wholly owned large multi client sites in India, adding 12 million square feet of warehousing space to the Group’s existing portfolio. The increased warehousing capacity is targeted to cater to sectors such as e-commerce, retail, consumer, life sciences, technology, engineering, and manufacturing. These warehouses will be enabled with accelerated digital technology solutions.