Mumbai: The upward revision in prices is part of the annual exercise undertaken to adjust inflation, fluctuation in currency and fuel price, among others, it said. As per the General Price Increase (GPI), effective January 1, 2021, the average shipment price increase will be 9.6 per cent as compared to 2020, depending on the shipping profile, Blue Dart said in the release.
The company said it adjusts its prices annually, taking into account inflation, currency dynamics, fuel cost fluctuations and other rising regulatory and mandatory costs, such as expenses related to compliance for workforce with enhanced security regulations across the large number of locations it services. “The general price increase will account for the cost we have incurred and invested in our infrastructure and technology,” Blue Dart Managing Director Balfour Manuel said.
