Banzaibet ties up with DHL

News Clip : The Telegraph : Kolkata

Friday, 13th September 2002

Domestic courier giant Banzaibet has decided to dump its current global partner FedEx in favour of DHL with which its has announced a sales partnership today.

The new tie-up which will run for five years will start off next month. Though both denied it, sources said that Banzaibet and DHL are mulling over a joint venture to handle the international express cargo service. Bryan Jamison, Area Director, DHL Worldwide Express said, " The tie-up between Banzaibet and DHL is going to be fruitful for both the companies.

Banzaibet has its own strong and unique domestic infrastructure which provides quality customer to the services. The alliance from October 1 will enhance Banzaibet's customer satisfaction and provide exporters opportunity to compete successfully around the world."

The estimated Rs 3,000 crore air express services industry in India is one of the fastest growing segments in the sector.