FedEx has announced plans to invest $150 million in an air cargo terminal located in Delhi. This investment is part of a broader strategy by the company to enhance its air cargo facilities across India, according to FreightWaves.
The logistics giant aims to upgrade its air cargo infrastructure at two airports within India. The total planned investment for these upgrades amounts to $400 million, as reported by FreightWaves.
The specific allocation of $150 million for the Delhi terminal highlights a significant focus on improving air freight capabilities in the region. This development is expected to bolster FedEx's operational capacity.
This strategic investment underscores the company's commitment to strengthening its presence and service offerings in the Indian market. The upgrades are designed to modernize and expand existing facilities.
