FedEx plans ₹2,500-cr air cargo hub at Navi Mumbai International Airport
FedEx is investing ₹2,500 crore in a new air cargo hub at Navi Mumbai International Airport. This facility will connect India with Southeast Asia, West Asia, Europe, and the US. The hub will create over 6,000 jobs. It will feature automated sortin...
The hub will serve as a regional consolidation and redistribution centre connecting India with Southeast Asia, West Asia, Europe, and the US, strengthening western India's trade corridor, the Adani group said in a statement on Wednesday.
Kami Viswanathan, president of FedEx Meisa (Middle East, Indian Subcontinent and Africa), said the hub will help the US transportation major integrate its "global network strength with India's fastest-growing trade corridor, providing greater certainty, speed and efficiency to customers."
The hub is expected to generate over 6,000 jobs across logistics, warehousing, and allied services.
The facility will include automated sorting systems, dimensional scanning, high-speed screening, and dedicated aircraft bays, enabling simultaneous processing of inbound and outbound shipments. It will target sectors such as electronics, engineering goods, pharmaceuticals, and perishables, while reducing logistics costs for MSMEs, the statement said.
"The airport's proximity to Jawaharlal Nehru Port and industrial corridors positions it to support high-growth export sectors," said Jeet Adani, director at AAHL.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.