News Details

Schenker India set to double its warehousing capacity by 2022

 

Focus on digital-first approach to enhance efficiencies for local customers

 

Schenker India Pvt. Ltd, a subsidiary of DB Schenker, the transport and logistics division of the €40.4-billion Deutsche Bahn Group, plans to strengthen its local footprint and become one of the largest warehousing players in the country over the next three years. Schenker India plans to double its warehousing capacity, from the current 3.5 million sq. ft spread across 53 warehouse locations, and enhance efficiencies through technology deployment for faster processing and real-time updates across the value chain.

 

Schenker India has a portfolio of 1,100+ clients supported by specialised professionals based in 37 offices in 34 cities across the country. With the objective of doubling its contribution in the Asian region, the company is aggressively rolling out an ‘Asia MNC’ strategy wherein the group leverages existing partnerships across borders to build the business. This region currently makes up 15 per cent of DB Schenker’s business globally and is projected to grow to 30 per cent by 2025.

 

"India is a priority market for DB Schenker globally and with the growth spurt triggered by the implementation of GST, we are well-poised to increase capacity and expand aggressively to better serve our customers. We are looking to double our warehousing capacity from the current 3.5 million sq. ft, making us one of the largest 3PL players in the next three years with a special emphasis on transforming our customers through innovative technology solutions," said Mr Vishal Sharma, Chief Executive Officer, Schenker India, Cluster India and Indian Subcontinent.

 

Focusing on a digital first approach by providing eSchenker services to customers, which incorporates all transport modes in one portal, Schenker India is bringing transparency and visibility across the supply chain and reducing the efforts on track and trace. With this customers can plan, order track and follow up on their shipments without any hassles at their convenience.

 

Moving forward, the company plans to grow its cross-border road transport services and contract logistics to make deeper inroads into verticals such as the automotive, electronics, consumer, retail and aerospace industry. The plans for expansion will be supported by DB Schenker’s state-of-the-art Enterprise Lab for Logistics and Digitisation located in Germany, which offers the best location and resources to innovate, develop and test new solutions which will shape the logistics world of tomorrow, said a release.

 

Source: Exim News Service: MUMBAI, May 14

EXIM INDIA PROFILE

click here!!

Search News

Currency Import Export
U.S.Dollar 70.77 69.87
U.K.Pound 91.27 89.44
Euro 79.47 78.12

As On 16th May, 2019

more forex rates...

Currency Import Export
U.S.Dollar 70.45 68.80
Sterling Pound 92.55 89.30
Euro 79.50 76.55

w.e.f.03rd May, 2019

more custom rates...

CURRENT EVENT