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Blue Dart was founded by Tushar Jani and his friends Khushroo Dubash and Clyde Cooper in November 1983. [12] [13] In its early years, Blue Dart had a business agreement with Gelco Express International, UK, for the operations of international air package express services from India.
Tushar Kumudrai Jani or Tushar Jani [2] is a business entrepreneur, investor, philanthropist and the founder of Blue Dart Express Limited and Blue Dart Aviation, Swift Freight [3] and Express Industry Council of India (a courier and express cargo business association of all Indian companies). [4]
Blue Dart Aviation is a cargo airline based in Chennai, Tamil Nadu, India. It serves 7 Indian metro cities with its main base as Chennai International Airport . German courier company Deutsche Post owns a 70% stake in the airline through its subsidiary Blue Dart Express .
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
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On 8 November 2004, DHL Express invested €120 million in an Indian domestic courier, Blue Dart, becoming the majority shareholder in the company. [16] In 2005, Deutsche Post made an offer to buy the contract logistics company Exel plc, which had just acquired Tibbett & Britten Group. On 14 December 2005, Deutsche Post announced the completion ...
International courier services in India include DHL, FedEx, Blue Dart Express,Spicexpress and Logistics Pvt Ltd, Ekart, DTDC, VRL Courier Services, Delhivery, TNT, [8] Amazon.com, OCS and Gati Ltd. Apart from these, several local couriers also operate across India. Almost all of these couriers can be tracked online.
The DHL Express division offers worldwide courier, express and parcel shipment service, combining air and ground transport, under the DHL brand. It owns five airlines: European Air Transport Leipzig, DHL Air UK, DHL Aero Expreso, SNAS/DHL and Blue Dart Aviation. [21] In 2016, this division's revenue increased by 2.7 per cent to €14 billion. [22]