From 600 to 5,000 packages an hour: FedEx unveils $150 million Delhi cargo hub
FedEx is investing $150 million to build a new air cargo hub at Delhi's Indira Gandhi International Airport. The facility aims to increase processing capacity from 600 to 5,000 packages per hour, supporting India's goal to become a global logistics hub.
Why it matters
This infrastructure investment significantly boosts India's logistics capabilities and strengthens its integration into global supply chains.
Federal Express Corporation (FedEx) plans to invest around $150 million (over Rs 1,400 crore) to develop an integrated air cargo hub spread across 2.3 lakh square feet at Delhi's Indira Gandhi International Airport (IGIA).The groundbreaking ceremony for the facility was held in the national capital on Tuesday in the presence of civil aviation minister K Rammohan Naidu.The hub will be set up at GMR Cargo City at the airport and is aimed at strengthening air cargo connectivity across North and East India and linking businesses with global markets, FedEx said in a release.Cargo processing capacity to rise over eight-foldThe proposed facility is designed to significantly increase FedEx's package processing capacity at the hub. According to the company, capacity will rise from 600 packages per hour to 5,000 packages per hour once the facility becomes operational.
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