DHL, India Post mulling tie-up
DHL is rumored to be looking at developing a strategic partnership with India Post, the country's state-run postal service, the Economic Times reported Thursday.
'According to sources close to the development, with this strategic partnership, DHL will leverage India Post's vast infrastructural facility, almost (150,000) post offices spread all over India, for their last-mile delivery operations and increasing its market penetration,' the report said. 'India Post, on the other hand, will be looking at benefiting from the superior technical expertise of DHL in handling logistics operations. The final structure of the relationship, though, is yet to be finalized.'
DHL has already staked its claim in the India market when it purchased a majority share of Blue Dart, India's biggest domestic courier company, in 2004.
DHL, India Post mulling tie-up