Blue Dart Express
Blue Dart Express is an Indian logistics company that provides courier delivery services. It is headquartered in Mumbai, Maharashtra. It has a subsidiary cargo airline, Blue Dart Aviation that operates in South Asian countries. In 2002, Blue Dart had a business alliance with DHL Express and on 8 November 2004, DHL Express invested €120 million in it, and since then has been a major shareholder in the company. History. Blue Dart was founded by Akhlaque (chairman) and his friends Khushroo Dubash and Clyde Cooper in November 1983. In its early years, Blue Dart had a business  agreement with Gelco Express International, UK, for the operations of international air package express services from India. In 2010–11, it introduced ′cash on delivery (COD)′ to its customers as an additional payment option for its courier services. Khushroo Dubash initiated studies on a "Hub and Spoke" concept for the company's distribution networking.