Ken Lee – DHL Express has tackled the initial difficulties of GST: The CEO of Asia Pacific said that DHL Express, part of the $61 billion Deutsche Post DHL group has tackled the initial part of Goods and Service Tax (GST) implementation in India.
Ken Lee said that the company sees the potential and a market for its electric vehicles “Street-Scooters” to transport courier in Indian cities. Lee also said that there had been a lot of debate on GST and demonetization. The government has taken big steps. Modinomics is definitely at play. These steps give the judgment of the government to take the logistics and various other sectors to the next level.
The implementation of GST India’s biggest tax maintains since independence that replaces eight indirect taxes with one has not been without its severe faults. The logistics industry has been crying rough about several problems including the complexities of an agreement, registration of vehicles and paperwork.
The portal backing the e-way bill a complex digital tracker of cargo road transport crashed on the first day of its implementation on 1st March. It will now be implemented in April. Yet, Lee said that DHL Express is bullish about India and focus on the market.
DHL Express gives international courier, parcel, and mail services. Recently, its 47th Indian service center is opened in Goa. Near about four or five more service centers will be opened by the company this year said by Lee.
Lee also said that India has a large untapped potential for cross-border e-commerce. It would be a big chance for DHL, the world’s biggest logistics company by income. He also said that he views an opportunity for Street Scooters in India when there is a good for regulatory framework and infrastructure for electric vehicles in the country. Street Scooter headquarters in Aachen, Germany, was bought by DPDHL in 2014.
DPDHL has committed to spending 250 million in India till 2020. Apart from that, 45 million will be spent by DHL Express.