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Blue Dart Express to invest in infrastructure development

12-Sep-2007
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Blue Dart Express to invest in infrastructure development
(XFN-ASIA) Blue Dart Express Ltd, India's air express carrier and logistics-services provider, stated it will invest USD246.4 million to ramp up infrastructure, with the aim of becoming market leader in the express industry over the next five years.

In a statement to the Bombay Stock Exchange Blue Dart, a part of the DHL Group, said it will expand its locations to 17,500 from the current 14,600 and also plans to set up 58 warehouses across India by 2010.

Date posted: 12-Sep-07.

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