US logistics firm XPDEL to invest about Rs 370 crore in India; to start with three markets.pdf
The company plans to start with Delhi NCR, Mumbai and Bengaluru and expand to 20 markets in India over the next two years. US-based e-commerce fulfillment center network XPDEL on November 18 launched its operations in India, and has plans to invest approximately $50 million (Rs 370 crore) over the next five years in supply chain logistics and technology with its partners. The company plans to start its business with three markets - Delhi NCR, Mumbai and Bengaluru - wherein it will offer a range of technology-enabled solutions for the country?s expanding e-commerce market.
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