On September 30, 2024, Blue Dart Express Ltd announced its General Price Increase (GPI), set to take effect from January 1, 2025. The average price increase will range between 9% and 12%, depending on various product categories and specific shipping profiles. This decision follows Blue Dart’s commitment to providing reliable and efficient logistics solutions, which includes an annual comprehensive review of its pricing structure.
The company stated that these price adjustments for 2025 are essential for addressing rising long-term operational costs, including inflationary pressures on airline operating expenses and infrastructure investments. The increase aims to partially offset these spiralling costs while ensuring the company can continue delivering customised and seamless deliveries to its clients. This proactive approach allows Blue Dart to maintain high service standards amidst challenges posed by inflation, complexities in the global supply chain, and fluctuations in the domestic market.
Balfour Manuel, Managing Director of Blue Dart, stated, “As we step into 2025, we remain committed to delivering exceptional, reliable services. This price adjustment is essential for sustaining our operational excellence while continuing to offer solutions centred on the needs of our stakeholders.”
He also noted that, alongside the annual price adjustment, Blue Dart is mobilising investments to expand its network, adopt the latest technologies, and enhance service offerings, positioning the company to capitalise on new opportunities.
Blue Dart serves as a vital trade facilitator for leading organisations across various sectors, including e-commerce, healthcare, automobiles, consumer electronics, and banking, financial services, and insurance (BFSI).
The company’s commitment to sustainability is evident in its ongoing expansion of an electric vehicle (EV) fleet, aimed at reducing its carbon footprint. Furthermore, Blue Dart is a pioneer in utilising drone technology for commercial logistics, setting industry standards and continuously innovating within the sector.
About Blue Dart Express Ltd
Blue Dart Express Limited is engaged in transportation and door-to-door distribution of time-sensitive shipments, via an integrated ground and air transportation network. The company is known as South Asia’s popular courier and integrated air express package distribution company.
On October 01, 2024, the share price of Blue Dart Express Ltd opened at ₹8,400.00, touching the day’s high at ₹8,792.50, as of 9:59 AM on the NSE.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
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