Exclusive | DHL Express to invest ₹1,810 crore in India

Logistics giant DHL Express unveiled plans to invest ₹1,810 crores in India over the next five years. In an exclusive interview with CNBC TV18, Global CEO John Pearson highlighted India's pivotal role as a top-three growth market.

Pearson affirmed India's significance for future investments and expansion strategies, emphasising its enduring importance alongside the closely linked economies of the United States and China. Despite ongoing discussions on supply chain diversification, Pearson underscored China's continued prominence as a global supplier, anticipating any significant shifts to occur gradually over the next decade.

While acknowledging the emerging trend of diversification from China, the pace has been modest, carrying substantial implications for global supply chains. Amidst this transition, India stands out as a primary beneficiary of the "China +1" strategy, attracting multinational corporations seeking to mitigate risks and diversify manufacturing bases.