BUSINESS

DHL Express To Hike Parcel Delivery Prices By 6.9% In India From Next Year

Logistics company DHL Express has announced that it will increase parcel delivery prices in India by an average of 6.9% starting next year. This adjustment is part of the company’s annual pricing review, which takes various factors into account, including inflation.

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“The average increase in India will be 6.9% and it will take effect on January 1, 2024,” the company said. It also highlighted that a number of services and surcharges will also be adjusted.

“Overall, the global macroeconomic situation has started to stabilize although uncertainty remains. Through these turbulent times, we deliver stable and reliable services to all our customers globally,” said R S Subramanian, senior vice-president for South Asia at DHL Express.

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He added that through the annual price adjustment, the company can maintain its investments in enhanced solutions and expand flexibility throughout our network, among other benefits.

The company further stated that they annually revise prices, considering factors such as inflation, currency fluctuations, and administrative expenses associated with regulatory and security measures.

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The company serves over 220 countries and territories, and both national and international authorities routinely revise these measures. The statement clarifies that price adjustments will differ across countries depending on local conditions.

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