Published On:March 19 2015
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DHL Express plans air cargo facility at Mumbai airport.
Logistics firm DHL Express is planning to set up its third air cargo terminal facility in Mumbai, as it seeks to increase its market share in the domestic air cargo business.
Two facilities
The company, which has two such facilities at Delhi and Bengaluru airports, currently has a share of about 50 per cent in the domestic air cargo market, handling one million shipments a month.
Its air network comprises five dedicated inter-continental freighters, making 19 flights a week and six freighters for domestic connectivity through its group company Blue Dart. In addition, it uses belly space of over 60 commercial flights daily.
A forecast by IATA, late last year, said India was the second fastest growing air cargo market after the Middle East, projecting that it would emerge among the 10 largest international freight markets by 2018, when its volume may touch 2.2 million tonnes.
'We are looking for space at Mumbai airport for such an airside terminal. We recently started a courier clearance in Ahmedabad, which will enable us to achieve better efficiency to facilitate the growing international trade from Ahmedabad and Western India,' Rs. Subramanian, managing director DHL Express India, told BusinessLine.
HBL