World Logistics Passport (WLP) entered India in February by signing with Mumbai airport. Now, it has made Hyderabad its second hub in the country by partnering with GMR's two subsidiaries. In Mumbai, it collaborated with Nhava Sheva International Container Terminal and Emirates SkyCargo.
The company statement read that Hyderabad is strategically important as it is exporting goods and services worth USD 21 billion. WLP aims to increase trading opportunities among the emerging markets and currently its policy initiative includes ten countries where Brazil, Indonesia and South Africa are also part of it.
Besides, WLP is also engaged with several top multinational corporations including UPS, Pfizer, Sony, Johnson & Johnson, and LG. Moreover, it fast tracks the cargo movement between ports and air reducing administrative costs.
WLP Chief Executive Officer Mike Bhaskaran said that they are eyeing to further expand its network in the country.