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Date: 27/12/2024

FedEx to set up fully automated air cargo hub in India
 
India could be the next destination for Federal Express Corporation (FedEx), the world’s largest express transportation company, to set up its first fully automated air cargo hub, to connect intra-India and regional markets with global trade routes. FedEx is working with the government on regulatory changes to set up the hub, said the President, FedEx Middle East, Indian Subcontinent and Africa (MEISA), Kami Viswanathan. The hub will help connect Indian cities faster to international markets. It will also act as a sub-regional hub for South Asia and other markets adjacent to India. FedEx is investing in capacity into India from Asia and from India westbound to Europe and the US. It is also expanding infrastructure at its gateways in Delhi and Bengaluru, as per a report.



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