Focus on Indian market, says NX
The NX Group, or Nippon Express, of Tokyo has set a new target of increasing sales from its Indian operations to 60 billion yen by 2028 as it works to bolster its logistics infrastructure to support the semiconductor industry and a host of other industries experiencing rapid growth in India.2028, essentially triple the level of sales in 2023.
The target was announced on 7 Oct after the Japanese group participated in SEMICON India 2025, an electronics exhibition held in New Delhi 2-8 Sept.
The NX Group has positioned the Indian market as one of its most important focuses for realizing its long-term vision of becoming a “logistics company with a strong presence in the global market.” The Group’s 103 sales offices and 60 warehouses (approximately 4,499,000 square feet in total floor space) in 39 cities across India offer inventory management, inspection, assembly, export packaging, and customs brokerage among other end-to-end logistics services.
SEMICON India 2025, one of the largest electronics trade shows in South Asia, seeks to attract a wide range of semiconductor-related players to India to make the country a global hub for semiconductor design, manufacturing, and technology development. In the midst of global supply chain restructuring, India is rapidly increasing its presence as a manufacturing and development hub for semiconductor-related industries, and expectations are high for future growth. This year’s exhibition brought together approximately 350 exhibitors from 48 countries and regions around the world, including semiconductor manufacturers, equipment and raw material suppliers and related companies, to showcase their latest technologies and products.
The NX Group’s booth introduced visitors to the Group’s latest logistics solutions and high-quality services for the Indian semiconductor industry, as well as status updates on the logistics infrastructure being developing locally. During the exhibition, 247 people visited the booth, where the Group’s representatives engaged in lively business talks and networking with customers and partners in India and elsewhere.
The NX Group also engaged in a roundtable discussion with the media at the exhibition and announced plans to build new logistics warehouses dedicated to semiconductors in the states of Gujarat and Assam by 2027. Leveraging its knowledge of semiconductor logistics accrued in Japan, Taiwan, the U.S., Ireland, and other parts of the world, the Group will be formulating “Local x Global” hybrid solutions tailored to India’s needs, giving particular attention to developing logistics functions that provide the advanced quality control required by the semiconductor sector, including vibration countermeasures using air suspension vehicles, temperature and humidity control, bonded warehousing, and last-mile delivery.
Furthermore, the NX Group is striving to bolster its logistics infrastructure to support the semiconductor and other industries expected to see rapid growth in India, and it is considering making a modal shift to rail and sea transport in keeping with the Indian government’s recommendations. Through these efforts, the Group aims to expand sales in India to 60 billion yen by 2028, approximately three times the 2023 level.
These strategies and local initiatives were also highlighted in a program on the global business news channel CNBC featuring NX South Asia & Oceania President Katsuhito Kobayashi, NX Group India Representative Teruaki Nagoya, and other key personnel from NX’s Indian operations discussing the NX Group’s policies and local initiatives that support the development of the Indian semiconductor industry. All interested readers are invited to take a look. Fiinews.com
