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Nippon Express Considers Indian Expansion Near Semiconductor Hubs

Nippon Express Considers Indian Expansion Near Semiconductor Hubs
Japanese logistics provider Nippon Express looks at States like UP for next expansion · thehindubusinessline.com

Nippon Express is a Japanese company that moves goods around the world.

It is thinking about growing its business in India.

Uttar Pradesh is one place the company is considering because it is a large market and Japanese industrial parks are developing there.

The company also wants warehouses near semiconductor factories in several Indian states.

Semiconductors are small parts used in many electronic products.

Nippon Express says these parts need to be moved quickly and carefully.

The company signed an agreement with the India Semiconductor Mission to explore ways to improve semiconductor logistics.

It also says better ports, airports and customs procedures could make shipments easier.

Key facts

Company
The NX Group, also known as the Nippon Express Group
India presence
More than 20 years
Potential locations
Uttar Pradesh, Gujarat, Assam and Odisha
Indian customer mentioned
Tata Electronics
Collaboration
A memorandum of understanding with the India Semiconductor Mission
Reported 2024 India turnover
$153 million
Reported 2028 target
Approximately $380 million

Quotes

Katsuhito Kobayashi

Executive Officer for Nippon Express’s South Asia and Oceania Region

“We are happy to be part of the ecosystem from a logistics point of view... we are very much eager to bring our logistics know-how to India”
thehindubusinessline.com
“I think port-airport areas should also be upgraded to handhold this kind of large and sensitive equipment.”
thehindubusinessline.com

Sources

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