FedEx to invest $150M for air cargo terminal in Delhi
FedEx plans to invest $400 million at two airports in India to upgrade its air cargo facilities. The post FedEx to invest $150M for air cargo terminal in Delhi appeared first on FreightWaves .
FedEx Corp. announced plans to invest $150 million to build a dedicated air cargo terminal at Delhi International Airport. The new facility, with a footprint of about 230,000 square feet, will incorporate a state-of-the-art conveyor belt system, automated sorting technology, and AI-enabled computer vision scanners. This upgrade will boost the company's processing capacity at the airport from 600 to 5,000 packages per hour, consolidating operations under one roof and improving overall efficiency.
FedEx's CEO, Kami Viswanathan, highlighted the strategic importance of strengthening the company's presence in Delhi, which is a critical market for global trade and economic growth. The project is part of a larger cargo campus being developed by GMR Airports Ltd., with further expansion phases planned. This investment is in line with FedEx's strategy to enhance connectivity in key markets across India.
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