TNT launches domestic express services - towards market leadership in 2010
16 Mar '06
2 min read
TNT, the global provider of mail, express and logistics services announced its domestic foray in India at a press meeting in Mumbai, early last month.
The expansion plan in India is in line with the global strategy of focusing on building quality networks in emerging markets.
TNT will make an investment of around 100 million Euro into the Indian market over the next five years, further reinforcing its commitment to the booming Indian economy.
This launch makes TNT the first multinational brand in India to offer international and domestic services using an integrated air and road network.
TNT will clearly differentiate from its competitors in the express segment, through its offering of a gamut of “first ever” services.
TNT aims to be the leading integrated player in the Indian market by 2010.
TNT India Pvt. Ltd. (An ISO 9001:2000 company) is a wholly owned subsidiary of TNT N.V - one of the largest integrated distribution companies worldwide. Incorporated in 1993, TNT was the first multinational express distribution company to enter the Indian market with a direct subsidiary. TNT specializes in international air express and cargo. In a short span of time, the company has grown significantly, increasing the market share from 6% in 1996 to 28% today.
TNT N.V. is a global provider of mail, express and logistics services. The group employs over 161,000 people in 63 countries and serves over 200 countries. For 2004 the company reported sales of € 12.6 billion. TNT N.V. is publicly listed on the stock exchanges of Amsterdam, New York, London and Frankfurt.
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