From 600 to 5,000 packages an hour: FedEx unveils $150 million Delhi cargo hub
FedEx will invest $150 million to build a new air cargo hub in Delhi. This facility will significantly increase package processing capacity at the airport. The hub aims to strengthen air cargo connectivity across North and East India. The Indian government is also focusing on developing cargo hubs and logistics networks. Construction work for the new FedEx facility is expected to begin shortly.
Federal Express Corporation (FedEx) has announced plans to invest approximately $150 million (over Rs 1,400 crore) to create an integrated air cargo hub at Delhi's Indira Gandhi International Airport (IGIA). This facility, which spans 2.3 lakh square feet, will be situated within GMR Cargo City at the airport. The groundbreaking ceremony for the facility took place in the national capital on Tuesday, attended by civil aviation minister K Rammohan Naidu.
The proposed hub aims to significantly strengthen air cargo connectivity across North and East India while linking businesses with global markets. Upon completion, FedEx's cargo processing capacity at the hub will increase from 600 packages per hour to 5,000 packages per hour. Moreover, the facility's capacity can be scaled up further, according to FedEx.
GMR Cargo City is planned for development in phases, with construction work expected to commence shortly. At the groundbreaking ceremony, civil aviation minister Naidu expressed his desire for India to become a central hub for global air cargo movements. He further highlighted the increasing volume of cargo operations, noting a near 40% growth in volumes.
Naidu emphasized the government's focus on developing cargo hubs and strengthening the country's logistics network. This includes the introduction of the transshipment policy, which has shown promising results. Additionally, the civil aviation secretary, Samir Kumar Sinha, discussed ongoing efforts to address bottlenecks affecting air cargo movements.
FedEx, a global express transportation company, operates a comprehensive air and ground network for shipments.
Written by urgent.news from Times of India's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
