Monday, September 14, 2015

Logistics firm Budget Group plans expansion

Delhi-based logistics firm, Budget Group has tied up with world’s top international logistics companies, FARDAR Express, Network Courier and AJ Worldwide for a wider reach across China, Hong Kong, Singapore, US and European markets. The international consortium plans to invest close to USD 12 million through credit facility and investment into this partnership. This will expand its reach to the international network of 11 more countries. Apart from this Budget plans to invest another USD 3-5 million in next 5 years.
Budget group is an established organization with interest in international and domestic courier services, logistics solutions, sourcing support, domestic warehousing, redistribution, exhibition cargo movement, customs brokerage, consulting support.