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Blue Dart was founded by Tushar Jani and his friends Khushroo Dubash and Clyde Cooper in November 1983. [12] [13] In its early years, Blue Dart had a business agreement with Gelco Express International, UK, for the operations of international air package express services from India.
Tushar Kumudrai Jani or Tushar Jani [2] is a business entrepreneur, investor, philanthropist and the founder of Blue Dart Express Limited and Blue Dart Aviation, Swift Freight [3] and Express Industry Council of India (a courier and express cargo business association of all Indian companies). [4]
Blue Dart Aviation is a cargo airline based in Chennai, Tamil Nadu, India. It serves 7 Indian metro cities with its main base as Chennai International Airport . German courier company Deutsche Post owns a 70% stake in the airline through its subsidiary Blue Dart Express .
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
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International courier services in India include DHL, FedEx, Blue Dart Express,Spicexpress and Logistics Pvt Ltd, Ekart, DTDC, VRL Courier Services, Delhivery, TNT, [5] Amazon.com, OCS and Gati Ltd. Apart from these, several local couriers also operate across India. Almost all of these couriers can be tracked online.
On 8 November 2004, DHL Express invested €120 million in an Indian domestic courier, Blue Dart, becoming the majority shareholder in the company. [16] In 2005, Deutsche Post made an offer to buy the contract logistics company Exel plc, which had just acquired Tibbett & Britten Group. On 14 December 2005, Deutsche Post announced the completion ...