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Investments: Blue Dart develops strategic hubs-delivery centres

Fiinews by Fiinews
November 13, 2024
in Investment
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Manuel works on enhancing scalability, flexibility and accurancy

Blue Dart Express Limited is investing in the development of strategic ground hubs and delivery centres for B2B and e-commerce distribution building on strong growth in business in India.

“These investments are designed to enhance scalability, flexibility accuracy, and speed across our entire network, driving sustainable future growth,” Balfour Manuel, Managing Director, Blue Dart Express Ltd, said on 12 Nov. 24

“By staying agile and innovative, we are well-positioned to seize emerging opportunities and deliver even greater value to our customers,” he said.

The company’s positive outlook underlines its readiness to capitalize on future prospects while maintaining its reputation as the provider of choice.

Blue Dart is accelerating sustainable growth through its various initiatives, focusing on structural tailwinds in fast-growing geographies and industry sectors, including the megatrend of e-commerce.

As a trusted trade facilitator, Blue Dart continues to expand its share of wallet (SOW) in key markets, setting industry standards and driving value for its partners.

The company posted Rs.60.76 crore profit after tax for the quarter ended 30 Sept 2024. Revenue from operations for the same period stood at Rs.1,448.46 crore.

Blue Dart’s exceptional service quality, strengthened by advanced automation and technology, remains a cornerstone of its operations, providing customers with a seamless, one-stop solution for all their logistics needs.

Reflecting on the company’s performance, Manuel said, ‘During the quarter, we achieved strong year-on-year revenue growth, showcasing our robust performance across both established and sunrise sectors.

“Our increased earnings capacity enables us to strategically invest in expanding our network, including the deployment of new aircraft into our fleet to enhance our service offerings and meet our customers’ evolving needs.”

Blue Dart Express Ltd, South Asia’s premier express air and integrated transportation & distribution company, offers secure and reliable delivery of consignments to over 56,000+ locations in India. As part of DHL Group’s DHL eCommerce division, Blue Dart accesses the largest and most comprehensive express and logistics network worldwide, covering over 220 countries and territories, and offers an entire spectrum of distribution services including air express, freight forwarding, supply chain solutions, customs clearance etc. fiinews.com

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