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Aramex will continue to operate express and freight services
According to local press reports, Delhivery, has acquired elements of the Indian business of Aramex for an undisclosed amount, with effect from 01 March 2019. Delhivery will take over Aramex India’s pick-up and delivery shipment operations. Aramex will continue to operate express and freight services in India, and in particular, its international business
Just a week ago, Aramex stated that while its Domestic Express services witnessed excellent growth in GCC and Africa in Q4, 2018, the overall growth was impacted by the strategic downscaling of the Company’s operations in India as part of restructuring efforts.
Since its inception in 2011, Delhivery has become India’s leading supply chain services company. It has successfully fulfilled over 340.0 million orders to more than 50.0 million households across India. 19 automated sort centres, 30 fulfilment centres, 44 hubs, 2,500+ direct delivery centres, 5,000+ partner centres, 14,000+ vehicles and 21,000+ team members make it possible for the Company to deliver a million packages a day, 24 hours a day, 7 days a week, 365 days a year.