FedEx bets $150 mn on Delhi’s GMR air cargo city: How India is building global cargo gateway
FedEx is investing $150 million to build an integrated air-cargo hub at Delhi Airport’s GMR Cargo City, with capacity set to rise from 600 to 5,000 packages per hour. The investment comes as India looks to expand its air-cargo infrastructure and tackle transshipment bottlenecks. Civil Aviation Minister Ram Mohan Naidu has outlined the government’s push for faster, more seamless cargo movement, including through transshipment reforms. With India targeting 10 million tonnes of annual air cargo by 2030, can new infrastructure and smoother connectivity turn India into a global cargo hub?