FedEx bets $400 million on India's explosive growth

FedEx is investing $400 million to build massive, fully automated air cargo hubs at Delhi and Navi Mumbai airports, marking one of its biggest infrastructure pushes in India. The logistics giant sees explosive opportunity in the country's booming pharmaceutical exports and emerging semiconductor manufacturing industry.

This move will significantly expand India's global logistics arteries, especially for time-sensitive shipments like vaccines and high-tech components. FedEx currently runs nearly 40 weekly flights from India using Boeing 777 freighters, and this new investment represents a strategic bet on the nation's role as a future global trade and manufacturing powerhouse.