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DHL to invest Rs 4k crore in India over next 5 years
DHL Supply Chain will invest around Rs 4,000 crore in India over the next five years to expand its warehousing capacity, workforce, and sustainability initiatives. With this expansion, DHL Supply Chain will add 12 million sq ft of warehousing space to its existing portfolio to take its total capacity to about 22 million sq ft by 2026.
The company will add this 12-million square feet of capacity in wholly-owned DHL multi-client sites in key metro cities such as Bangalore, Chennai, Kolkata, Mumbai, NCR and Pune, to cater to growing sectors such as e-commerce, retail, consumer, manufacturing as well as automotive.
Moreover, multi-client sites are being built in the fast-growing state capitals and tier-2 cities such as Baddi, Cochin, Coimbatore, Guwahati, Sanand, Indore, Lucknow, Bhubaneshwar, Hosur, and Visakhapatnam, among others.
It also plans to double its workforce in India to around 25,000 people by 2026 and make its entire intra-city fleet into green transport by 2025.
