FedEx To Invest USD 150 Million In Delhi Air Cargo Hub
The facility will be established at GMR Cargo City and is expected to strengthen connectivity across north and east India by linking regional businesses with global markets, the company said in its release. GMR Cargo City will be developed in phases and construction work was expected to start shortly, according to the statement. The hub is planned to integrate air and ground operations to improve transit times. The design allows for modular expansion as demand grows.
At the current exchange rate the USD 150 million investment translates to about Rs 14,000 million (14,000 mn), or roughly Rs 14 bn, providing a sizable capital commitment to the sector. Defining million as mn for subsequent references, the sum illustrates the scale of foreign direct investment into aviation logistics. Observers noted that such capacity additions could support export-oriented manufacturers and time-sensitive supply chains. Industry sources said the move aligns with broader efforts to enhance cargo infrastructure.
The facility is designed to raise processing capacity from 600 to 5,000 packages per hour, with scope for further scaling as volumes increase. The Civil Aviation Secretary Samir Kumar Sinha said efforts were under way to remove bottlenecks for air cargo movements and authorities would facilitate operational readiness. FedEx was described as a leading express transportation company operating a global air and ground network for shipments. The investment is expected to bolster regional connectivity and provide businesses improved access to international markets.