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Toll Group banks on India’s logistics growth amid rise of ‘quick commerce’

by Sarkiya Ranen
in Technology
Toll Group banks on India’s logistics growth amid rise of ‘quick commerce’
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While Singapore is its top Asia market, India is the ‘most exciting’, says executive chairman Thomas Knudsen

[SINGAPORE] Toll Group expects its Indian market to rise in prominence in the next five years, with the country seeing the largest increase in warehouse space among the freight-forwarding and logistics group’s major markets.

India, China and Singapore are the Australian group’s largest foreign markets in Asia-Pacific, said executive chairman Thomas Knudsen in an interview with The Business Times.

Of these, Singapore is tops, which Knudsen attributed to the Japan Post subsidiary having developed a “strong” value proposition in the city-state.



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Tags: BanksCommerceGroupGrowthIndiasLogisticsQuickRiseToll
Sarkiya Ranen

Sarkiya Ranen

I am an editor for Ny Journals, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

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