TNT India Pvt Ltd, a wholly owned subsidiary of Amsterdam-based TPG NV -- a $10 billion express, mail and logistics provider, has said it would rollout logistics services in India in six months.
TNT India, which entered the local market in 1993, is offering multinational express and infrastructure services. Jeroen de Wilde, regional director (logistics), TNT Asia, said: "We want to leverage our existing international relationship and are talking to large number of their Indian subsidiaries. We have received good response from them and are planning to offer our entire range of supply chain management (SCM) solutions."
As an extension of their international customers profile, he said the company would focus on automobile, electronics, fast moving consumer goods (FMCG) and industrial chemicals and pharmaceuticals companies in the country. TPG is the world's largest logistics provider for the automobile industry and its logistics division recorded a growth of 50 per cent during last year, he claimed.
Apart from building own capabilities, Jeroen said the company was open to the idea of joint venture, alliances and acquisitions in certain areas to meet customer requirements especially in inland transportation.
Jinendra Sancheti, managing director (Indian sub-continent), TNT, said the company's initial focus would be on developing its own capabilities in logistics. TNT's local operations would be determined by customer logistics requirement, he said.
To a query, he said the company would not enter into domestic express distribution although it has non-exclusive agreement with Elbee for routing international orders through them. At present, he said the company commands 20 per cent market share in international express business in India.
