If the business idea of starting a profitable courier service excites you, then investing in DTDC Express Franchise can reap you huge profits.
With an annual growth rate of 25%, the Indian courier market is witnessing phenomenal growth and is estimated to surpass Rs 4,000 crores in the coming years. In the process, it is creating new avenues for both new entrepreneurs and existing agencies
Starting a courier service doesn’t demand a huge amount of money but it ensures high ROI because the demand is increasingly getting higher. If the business idea of starting a profitable courier service excites you, then investing in DTDC Express Franchise can reap you huge profits.
Established in 1990, DTDC express in engaging about 42,000 resources with over 4 zonal offices across India. The brand has over 570 operating facilities, more than 500 district headquarters, and about 12,000+ franchises. It extends services to over 11,400 pin codes across the country. It delivers about 12.5 million shipments every month.
In the last 30 years, DTDC has seen exponential growth in its Express business and has become a leading brand and a household name in the country. The brand aims to be India's Preferred Express Parcel Service Provider with a Special Consumer (2C) Focus.
Abhishek Chakraborty, Executive Director, DTDC Express Limited, said, “Entrepreneurship is the Art and Soul of any good business model, especially the one in our industry.”
DTDC never shut down even for a single day through this entire lockdown period, however, some of its facilities were closed for about 2-3 weeks but it pursued with the government authorities and the industry bodies. The brand made sure that its network kept running.
In the month of April, DTDC handled more than 10,000 tonnes of material across the country. In May, it handled 20,000-22,000 tonnes. By the end of June, the brand forecasts that it will be handling about 35,000 tonnes of material in its network and over 50 lakh packages. Of the 12,000 channel partners of DTDC, more than 9,500 of them are already active. By June-end, over 75% of DTDC’s business is going to be back to normal.
Therefore, the first industry that is going to respond and grow post-COVID is the Express Parcel and Logistics Industry.
Chakraborty added, “DTDC is a provider of service which is essential for the running of the country. We have invested over 1.5 crore to make sure all our facilities and channel partners get all kinds of sanitization and other products for their protection. We are the first company in India to create a zero-contact delivery process.”
DTDC’s franchise network is built on the fundamental idea of fostering entrepreneurship; create business opportunities for people from all walks of life; and form a channel for social change. The company has a countrywide system of 10,500+ low-cost franchises that cover more than 95% of DTDC’s network and contribute to 75% of its business.
The brand offers different types of franchise models including a single-unit franchise, covering a small territory or particular pin code requiring an investment of Rs 1.5 lakhs and an area of 250 sq ft. DTDC also offers a master franchise of an area within city limits and super franchises that covers a district or territory.
Franchising since: 1990
Investment: Rs 1.5 lakh
Area: 100-250 sq ft
Break-even: 24 months