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DTDC Express: Rs 100 Crore investment for infra & tech development in 2023

by Kalpana Pandey
October 17, 2023
in News, Asia, EXIM & International Trade, Logistics, Supply Chain
Reading Time: 1 min read
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DTDC Indian market scaled e1697510568723

DTDC Express, one of India’s leading courier and logistics companies, has recently announced its ambitious plan to invest a minimum of Rs 100 crore in infrastructure and technology development during the current fiscal year.

This strategic move reflects DTDC’s commitment to enhancing its capabilities, expanding its reach, and staying at the forefront of the rapidly evolving logistics and courier industry in India.

The company’s chairman and managing director, Subhasish Chakraborty, has stated that DTDC Express plans to invest at least Rs 100 crore this fiscal on infrastructure and technological development, among other things.

He added that the business anticipates a 30% increase in overall shipments handled during the holiday season (October–November) compared to September.

The integrated express logistics operator provides a variety of services, including premium express, express parcel, b2c e-commerce, as well as warehousing company. It is active in both local and foreign markets.

“Our investment is going towards infrastructure, technological development, and establishing a staff in technology. And this investment would not be less than Rs 100 crore this year, according to Chakraborty,

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According to him, the logistics industry is expanding rapidly and is doing so much better and faster than the national economy.

Tags: DTDCDTDC Expresse-commerceE-commerce deliveryE-commerce logisticswarehouse
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