Kuehne+Nagel Eyes India's Growing Role in Global Supply Chains
Why Kuehne+Nagel is betting big on India’s supply chain ambitions
Image: The Economic Times
Kuehne+Nagel, a leading global logistics company, is investing heavily in India, recognizing its emerging role as a crucial supply chain hub. With significant infrastructure investments and government reforms like the National Logistics Policy, India is poised for growth in logistics and manufacturing, attracting global manufacturers and enhancing its logistics ecosystem.
- 01Kuehne+Nagel plans to expand its warehousing space in India from 500,000 square metres to 1 million square metres by 2030.
- 02The National Logistics Policy and GST reforms are pivotal in enhancing India's logistics efficiency and attractiveness to global businesses.
- 03Kuehne+Nagel's India control tower is its most advanced globally, focusing on supply chain visibility and operational control.
- 04Emerging cities like Lucknow, Rajpura, Nagpur, and Guwahati are becoming key logistics centers, driven by rising consumption.
- 05Kuehne+Nagel identifies healthcare, consumer goods, and technology as primary growth sectors in India.
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Kuehne+Nagel, a prominent global logistics company, is significantly increasing its presence in India, which is rapidly becoming a vital supply chain hub. Eduardo Razuck, Executive Vice President at Kuehne+Nagel, highlighted the country's strategic importance during a recent visit, noting substantial investments in logistics infrastructure, multimodal connectivity, and digital supply chains. The National Logistics Policy and the Goods and Services Tax (GST) have been crucial in enhancing efficiency and attracting global manufacturers looking to diversify their supply chains. Kuehne+Nagel plans to expand its warehousing capacity in India from 500,000 square metres to 1 million square metres by 2030, reflecting the growing demand for logistics services. The company is also leveraging its advanced control tower in India, which provides real-time supply chain visibility and operational control for its clients. Emerging markets beyond traditional metropolitan areas, such as Lucknow and Guwahati, are becoming increasingly important for logistics operations. Kuehne+Nagel aims to capitalize on growth in sectors like healthcare and technology, positioning itself as a key player in India's logistics future.
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The expansion of Kuehne+Nagel's operations in India is expected to enhance local logistics capabilities and create job opportunities in the sector.
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