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FedEx is building new automated centers in India, including a big one in Navi Mumbai and a $150 million site in Delhi.

MarketRead the original at world.einnews.com
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FedEx plans to raise Delhi processing capacity from 600 to 5,000 packages per hour, serving growing e-commerce and pharmaceutical exports. The sites require spending before any added sales are reported, but the larger network supports better prospects.

FDX · FedEx Corporation

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The AI's read

The new sites give FedEx more room to move parcels and connect cargo across the region. The source links them to growing e-commerce and pharmaceutical exports, giving the added capacity a clear purpose. FedEx must pay for the sites before any added sales are reported, but the demand and larger network support better prospects.

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