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DPDHL to invest €100 M

Infrastructure Finance
September 1, 2014September 1, 2014
DPDHL to invest €100 M
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Deutsche Post DHL (DPDHL) is set to invest €100 million (about Rs 797 crore) over the next two years in India, a market it has chosen to pilot the development of e-commerce services for the Asia-Pacific region. The logistics major will spend in developing e-fulfilment centres, procuring new aircraft and expanding the range of payment and delivery options in India through its BSE-listed unit Blue Dart Express, said Frank Appel, CEO of DPDHL.

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