LONDON — British multinational company BNHA, which is planning to acquire a significant portion of India’s land in the next few years, is offering its customers a discount on shipping costs on the ground as a result of a deal with a Chinese logistics company.
The new terms of the deal, which will be announced next week, will see BNHa offering a discount of up to 40 percent on its shipments to India if customers buy back land in their local area.
BNHAs products will be supplied directly to customers, while the company will also supply the products at no extra cost to the suppliers.BNHA said the deal will help improve its logistics business, which currently employs about 7,000 people, as it will make it easier for customers to purchase goods and services.
“Our customers can now take advantage of this deal with BNHHAs free shipping guarantee when they are looking to purchase products and services in their home country,” said David Taylor, vice president of BNHT’s India business.
The land-buying deal will also see BHAs India, an Indian subsidiary, acquire BNHS Holdings, which supplies logistics to BNHBs business in India.
In a statement, BNHC said it is committed to delivering a reliable and cost-effective supply of essential goods and products to BHs customers.
According to the company, it plans to invest at least Rs 1,400 crore (about $2.5 billion) in the business in the near future, in order to build its capacity to deliver essential goods.
BHs products, including footwear, food, textiles and furniture, are used in over 200 countries, including the United States, Brazil, Canada, Europe, the Middle East, South America, China, Australia, New Zealand and Singapore.