Japanese logistics major Nippon Express (NX Group) has announced plans to triple its India revenues to $400 million by 2028, up from $132 million in 2023. The company reported revenues of $153 million in 2024.

The growth will be driven by NX Group’s cluster strategy, which focuses on strengthening operations in specific locations and industries. To support this expansion, the company plans to significantly increase its warehousing capacity and workforce in India.

According to senior company officials, the India market remains a key growth driver for NX Group, given rising demand for integrated logistics and supply chain solutions across sectors.