Rhenus Group aims to reach 5 mn sqft of warehousing space in India by 2026: Tobias Martin Bartz, CEO, Rhenus Group
logistics services provider the Rhenus Group, which entered India through a joint venture in 2010, is now expanding its business by focussing on smaller towns. It expects more demand for efficient logistics as e-commerce grows.
The company, headquartered in Holzwickede, Germany with annual sales of 7.5 billion euros, employs 40,000 people across 1,320 locations in over 70 countries. It offers services ranging from transport, warehousing, and customs clearance to value-added services across the entire supply chain ecosystem.
Rhenus India operates out of 70 offices across the country, catering to key sectors such as automotive, engineering, renewables, chemicals and petrochemicals, life sciences and healthcare, and consumer goods. In an interaction with ET Online, Tobias Martin Bartz, the CEO, explains how the company is handling the challenges due to global conflicts and how it plans to expand in India.
Edited excerpts:
ET: How is Rhenus addressing the disruptions to global supply chains caused by conflicts in the Middle East and the Red Sea, particularly concerning the Suez Canal’s critical routes?
Tobias Martin Bartz (TMB): The conflict is causing significant disruptions to global supply chains. These disruptions are leading to shipping delays, rising transportation costs, and potential shortages in energy and critical commodities.
We are tackling these challenges by leveraging our global network and offering flexible routing options to ensure goods continue to move efficiently. We’re also closely monitoring the situation, working with local partners, and utilising advanced technology to maintain shipment visibility and control, ensuring our customers’ supply chains stay resilient.
