DB Schenker is all planning to expand operations in India by focusing on building end-to-end contract logistics operations and picking up a larger contracts from various companies. Kinjal Pande, Chief Executive for India & Indian Subcontinent, DB Schenker said in an interview yesterday that the German company is planning to launch a pilot for e-com logistics, similar to what it already practices internationally.
We are looking at piloting our first in-bound delivery on air freight to see how we can do the end-to-end movement. Once that starts in full flow, we can look for potential partnerships in this space. But, currently, we are doing it internally, with tie-ups with a local technology company.”
Kinjal Pande, DB Schenkar
DB Schenker as a strategy focuses on expanding its service network around the world, and they don’t plan to shy away when it comes to India. The same has been confirmed by Aditi Rasquinha, Executive VP and Head of Ocean Freight (APAC), DB Schenker. Considering the fact that DB Schenker has nearly doubled its warehousing space in the country in the past five to six years, the company sees big potential to grow its warehousing capabilities by taking over domestic entities and operations in India.
“Inorganic growth for the company in India will come from the domestic logistics space. So, it could be acquisitions in contract logistics, clearances, technology and trucking. Most of these acquisitions will be made keeping the plan of the company to expand to tier-II and tier-II cities for provision of end-to-end logistics solutions,” Pande said.
Besides, DB Schenker is also planning to expand its air freight operations in India through the use of charters.
