Blue Dart Upbeat On Growth In Transportation And Distribution Future

In the Annual General Meeting of the company held in the city today, it was announced that Blue Dart Express Limited is set to assume leadership in logistics and supply chain management. Today, Blue Dart Express Limited is ideally placed to optimise the business offerings presented by the dynamic changes in the markets for transportation and distribution.

At the AGM, Mr. Tushar K. Jani, Chairman, Blue Dart Express Limited, said, "Logistics is a very wide concept and comprises of the entire flow of materials from acquisition of raw material to delivery of the finished product to the customer, as well as the counter flow of information that controls and records material movement. Blue Dart has reached a position to provide all these services". The company has set up a wide area distribution network and well-organised supply chain management systems in the country.

Blue Dart Express Limited's 100% subsidiary is also set to augment its fleet. The company has been awarded the ISO 9001 certification by Llyod's Register Quality Assurance for a further period of three years.

An interim dividend of 15% was earlier declared, and a total dividend of 20%, including the interim dividend, will be paid to the shareholders.

Blue Dart Express Limited is India's leading express company with a 36% domestic market share. Blue Dart today offers a comprehensive range of services and products for both international and domestic shippers. Blue Dart's continuous commitment towards understanding the needs and concerns of the customers has enabled it to provide unmatched standards of service quality with reliability levels of above 99.95% in the express industry. Over the years, Blue Dart has continuously pioneered and expanded its market share in the express industry as the industry leader. Blue Dart is one of the largest Global Service Participants of FedEx, the world's largest express transportation company.

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Dated : January 10, 2001