DHL to set up logistic hub for oil and gas in India

• Global courier company DHL plans to set up an exclusive hub in India to provide logistic support to oil and gas (exploration and production) sector.
• The company sees huge business potential in the sector with domestic exploration and production activities (E&P) poised to grow in the coming years, said Mr Christoph Remund, CEO of DHL India.
• DHL currently has four logistic hubs for oil and gas sector located in Singapore, Dubai, the UK and in the US. India would be the fifth one, he said.