![]() Financial Daily from THE HINDU group of publications Friday, Oct 21, 2005 |
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Supply Chain Management Corporate - Announcements FedEx to expand operations in India Our Bureau
Mr Robert W. Elliott, President Europe, Middle East, Africa & Indian Sub-continent, FedEx Express, and Miss India World Ms Sindhura Gadde (second from right), flanked by models at a press conference in the Capital on Thursday to announce new service expansions of FedEx in India. - Ramesh Sharma
New Delhi , Oct. 20 FEDEX Corp today said it is expanding its service in India by increasing the number of cargo flights and capacity. "We will add five flights to and from Delhi taking the total to 16," said the FedEx Corp President in Europe, Middle East and Africa, Mr Robert W. Elliott. The company will also increase its cargo capacity to and from India to 2,100 tonnes a week by adding 900 tonnes a week. It aims to connect 4,348 cities and towns across the country. FedEx is in the process of hiring 184 fulltime employees, which will bring its total workforce in India to 425. The company is increasing the number of retail outlets to 74 in 54 cities from the present 36 in 11 cities. He, however, declined to comment on the investments the company was making for its Indian expansion. "We are investing in India by introducing a number of service improvements, including a new trucking network, almost doubling the number of employees, doubling the number of branded facilities and a new westbound flight from Delhi," he told reporters here. It has also increased its trucking network by connecting 11 key exporting areas, including Jaipur, Agra, Ludhiana, Pune, Nasik, Hyderabad, Coimbatore and Tirupur.
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