March 10 - US-based logistics operator BDP International (BDP) has established an Indian joint venture company which will target India's expanding chemicals, life-sciences, healthcare, retail, telecom and manufacturing industries.
The new subsidiary company - BDP Global Logistics (India) Private Limited - is a joint venture between BDP and local logistics company Unique Global Logistics Private Limited (UGL) with BDP as the majority partner. The new company will be headquartered in Mumbai with a presence in all major cities in India.
Richard Bolte, BDP president and CEO said: "As more of the world's largest manufacturers and retailers establish operations in India, BDP sees an opportunity to contribute to the growing need for specialised logistics services. India is a key focus for BDP over the next decade as the nation emerges as a true economic powerhouse."
India-based UGL has an established reputation for providing quality logistics services to some of India's most respected companies. The company has strong expertise in the energy sector including oil and gas.