Nippon Express to raise India revenue target 20% on chip boom

Japanese logistics company to invest more in shipping and storage facilities

20250911N Nippon Express Gujarat

An NXHD warehouse for semiconductor chips in India's western state of Gujarat. (Nippon Express Holdings)

KOTARO ABE

TOKYO -- Japanese logistics group Nippon Express Holdings (NXHD) will boost its revenue target in India for the fiscal year ending December 2028 by 20% to 60 billion yen ($400 million) on the strong performance of its chip-related distribution business there, Nikkei has learned.

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