Home > News > Business India News
Posted on Jan 21, 04:59PM | IBNS
DTDC Courier and Cargo Ltd., India's premier express courier company, has expanded its presence in the APAC and Middle-East regions by entering into Australia and Kuwait.
The Australian venture will be handled jointly by DTDC and Fast World Express Pty Ltd wherein DTDC has 34pc of holdings.
The Kuwait venture will be handled by Kuwait Bayarek General Trading and Contracting Co. W.I.I. who is the Master franchise.
With this DTDC's global footprint goes up to 16 countries providing services to over 240 international locations.
In addition to Sydney and Melbourne as principal centre for service, DTDC said they will gradually extend their services to Brisbane, Auckland and Perth through further Master Franchisees recruited under DTDC Fast World Express Pty Ltd.
Currently they are operational with a core management team of about 5-10 professionals mainly looking into sales.
The entity will progressively offer same day delivery, pick-up and return services for vital shipments, 'Bullet Service' within 4 hours, pre-paid services.
The principle office for Kuwait is located in Farwaniya in Kuwait City. Other branches are planned in Al Ardya, Sabah, Al Salmiya, Al-Almadi and further expansion to Iraq. By June, Kuwait will be connected with all the 16 countries where DTDC has offices and rest of the 225 countries through their associates.
"The main objective of the Joint Venture is to provide service to the Indian diaspora in Australia as well as provide delivery and distribution services for shipments from India whereas the Master Franchisee in Kuwait has strengthened DTDC's presence all over the Middle East including GCC and MENA area," said Abhishek Chakraborthy, Executive Director of DTDC.
"Tapping on opportunities in Asia Pacific will further enable more feet on street, robust infrastructure and quality delivery capabilities for DTDC around the globe," he said.
DTDC became the first Indian express company to have made an acquisition outside India with a majority stake in the company Eurostar Express of UAE in April 2012.