FedEx Invests $150M in Delhi Cargo Hub to Expand India Network
FedEx plans to invest $150 million in a Delhi cargo hub to expand its India network, building on other recent moves including a $250 million Navi Mumbai investment and the opening of a 60,000 sq ft air hub in Bengaluru. The company says it has added capacity linking India to the US and Europe and aims to optimize its setup over 5 to 10 years as air cargo volumes rise and India targets higher throughput by 2030.