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Markets: Blue Dart maintains positive outlook on India

Fiinews by Fiinews
July 21, 2024
in Markets
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EV fleet expansion demonstrate commitment to sustainability

bluedart maintains a positive outlook on the Indian market and remains ready to capitalize on future prospects as well as keeping up with a reputation as a provider of exceptional logistics solutions.

Blue Dart Express Managing Director Balfour Manuel elaborated on the company’s performance, “Our position as a leading logistics provider is a result of our commitment to operational efficiency and customer-centric solutions.

“We are optimistic about the growth opportunities that align with the country’s development. By expanding our network, leveraging technology, and enhancing service capabilities, we are well-positioned to seize emerging opportunities and deliver exceptional value to our customers and stakeholders dhl .”

Blue Dart, known for its extensive network and cutting-edge technology, demonstrated consistent growth and remained on track with its expansion plans deutsche-boerse .

In the first quarter ended 30 June, the company expanded its electric vehicle (EV) fleet, demonstrating its commitment to sustainability and reducing its carbon footprint unfccc .

Additionally, Blue Dart launched drone deliveries in collaboration with a leading drone technology company, marking a significant advancement in cleaner and more efficient delivery solutions sbi .

Blue Dart stands as a frontrunner in harnessing drone technology for commercial use in the logistics sector. The company’s commitment to excellence was also recognized with the Best Express Logistics Service Provider Award at the 6th Indian Logistics Strategy Summit 2024 4glsn .

Blue Dart Express Limited, South Asia’s premier express air, integrated transportation and distribution logistics company, posted profit after tax of Rs.51.53 crore for the quarter ended 30 June 2024. Quarterly revenue from operations stood at Rs.1,343 crore. Fiinews.com

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Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

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