St. Gallen, August 28, 2024: Logistics group Militzer & Münch is on a strategic growth path in Asia: a new country unit in India, registered under the name of M&M Militzer and Muench (India) Private Ltd., started operations on August 5. The new company focuses on air and sea freight – with a particular focus on the pharmaceutical industry and AOG services – as well as project logistics.
Militzer & Münch India handles road transportation, air and sea freight, and project logistics for its customers, both domestically as well as in import and export. The portfolio includes value-added services such as customs clearance and warehousing. The first branch office is registered in Mumbai. Vijay Narayan, an experienced logistics specialist, is the managing director of M&M Militzer and Muench (India) Private Ltd.
Militzer & Münch is strategically expanding its business in the region’s growth markets: Within the last two years, M&M country units were launched in Vietnam and Indonesia, and most recently in Mongolia on July 1, 2024. In Sri Lanka, Militzer & Münch has been operating its own company for several years already.
Air freight and pharmaceutical logistics for the growth market
“The country is one of the fastest growing markets in the world, and is already among the global leaders in many industries,” says Holger Seehusen, Militzer & Münch Group Manager Air & Sea. “India is therefore an extremely important component in our increasingly dense network in Asia. We see great opportunities for our new country unit to grow sustainably and organically.”
India’s most important export goods by value are technical appliances, precious stones, crude oil products and textiles. In addition, the country plays a decisive role in the global pharmaceutical industry. India met over 50 percent of the world’s demand for vaccines, 40 percent of the demand for generic drugs in the United States and 25 percent of the demand for generic drugs in the United Kingdom.