Mergers & Acquisitions

Blue Dart plans to invest Rs 200 crore for expanding reach

Opportunity India Desk
Opportunity India Desk Sep 27, 2018 - 1 min read
Blue Dart plans to invest Rs 200 crore for expanding reach image
The company aims to reach more than 19,000 pin codes across India by December.

Logistics services provider Blue Dart, a part of Deutsche Post DHL Group, is planning to invest Rs 200 crore for expanding reach and upgrading technology. The company aims to reach more than 19,000 pin codes across India by December.

Anil Khanna, Managing Director of Blue Dart, said, "We are expanding our network to reach every Indian home by December 2018 to enable fast, efficient and reliable deliveries for both B2B and B2C customers. We are well on our way to cover all pin codes in India, with already 17,677 pin codes, 100 per cent pin code coverage in 16 States and Union Territories." 

The company is undertaking the expansion exercise to capture the rising demand in tier II, Ill & IV towns in the country. Through this initiative, Blue Dart will be able to serve both the business-to-consumer and business-to-business segments.

The company expanded its reach from 6,164 pin codes in January 2018 to over 17,677 pin codes across India by September 2018.

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