Taiwanese shipping company Wan Hai Lines has opened a new branch in Delhi, adding to its existing India operations in Mumbai, Chennai, Mundra and Vizag. The move comes as India seeks to ramp up its export and import trade with plans to surpass US$2tn by 2030, according to the Ministry of Trade and Industry’s Foreign Trade Policy 2023. This has encouraged businesses such as Wan Hai, which now has five branches in India, to expand their operations in the country.
The launch ceremony for the Delhi branch took place at the Hyatt Regency Hotel on 19 May. Many important customers and visitors attended the event, which reflects Wan Hai’s optimism about India’s future trade prospects. The company is well-placed to meet growing demand in the country due to its global network and provision of diverse shipping services.
Wan Hai is headquartered in Taiwan, but operates worldwide, providing container shipping, port and terminal operations and logistics services. It aims to offer customers integrated supply chain solutions that include ocean, land and air freight transportation. The company’s expansion in India is part of its wider strategy to increase its presence in Asia and other global markets to better serve customers’ needs.
The Delhi branch opening is part of a wider series of expansion plans by Wan Hai, which also include orders for 20 new vessels from shipbuilder Japan Marine United Corporation. The company is investing in more efficient, environmentally friendly vessels that can operate in a low carbon economy, reflecting the global trend towards sustainability and emissions reduction.
Wan Hai’s growth ambitions are based on its commitment to providing reliable, cost-effective and high-quality services to customers across all sectors. The company’s experienced teams are working to meet demand in India and around the world, with support from its cutting-edge digital technologies and innovative supply chain solutions.