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from BUSINESS LINE, February 10, 2011 Chennai, Feb. 9 - DHL Global Forwarding, the freight forwarding division of Deutsche Post DHL, inaugurated on Wednesday its first free trade zone (FTZ) in Sriperumbudur, near Chennai. This is also the country's second FTZ.
DHL has invested $10 million in the zone, the country's second FTZ, which will offer clients warehousing palletised, non-palletised, cold storage, odd dimension and handling of special/sensitive cargo.
A client can hold goods on behalf of foreign and Indian buyers and suppliers. Goods can also be procured from and sold to other special economic zones, export-oriented units and bonded warehouses. Direct delivery …