DHL Group plans to invest 1 billion euros in India by 2030, focusing on infrastructure, e-commerce, new energy, and healthcare. India is expected to be a major global trade hub. The country is forecasted to have the third-largest trade growth globally, behind China and the U.S., with an annual trade volume growth of 7 percent.

DHL’s recent investment in India includes an automated sorting center in New Delhi and upgrades for Blue Dart. The company is optimistic about India’s dynamic market and business-friendly policies. DHL continues to expand globally, with recent investments in sub-Saharan Africa, the Middle East, Latin America, Hong Kong, the U.K., and Ireland.

The new investments are part of DHL’s strategy to expand its presence worldwide. The company has been able to navigate the challenging global trade environment, with revenues dipping only 2.3% despite a 32% drop in air volumes entering the U.S. DHL Group’s income increased by 11.9% to $973.6 million in the third quarter.

Read more at Yahoo Finance: DHL Unveils $1.2B India Investment Plan