Japanese NX Group expects $380 mn revenue as it expands operations in India’s chip ecosystem: Report
NEW DELHI: Japanese specialised logistics provider NX Group, formerly Nippon Express, is expecting $380 million in revenue over the next two years as it scales its operations within India’s expanding semiconductor ecosystem, according to a report by Business Standard.
The Tokyo-headquartered firm, which has traditionally handled sensitive automotive and pharmaceutical cargo in India, will establish a dedicated semiconductor logistics facility in Dholera, Gujarat, in 2027, expanding its network to 113 locations and 67 warehouses across 39 cities.
