FedEx Sees India as a Key Growth Market

India is among the top three fastest-growing markets for FedEx, according to Richard W Smith, the company's Chief Operating Officer of International and CEO of Airline. Speaking to reporters in Chennai, Smith highlighted the 40% growth in Indian operations last year and predicted a doubling within three years.

Investments in Infrastructure

Smith emphasized the company's commitment to significant investments in India, particularly in building capacity to handle the shifting global supply chains. He also mentioned exploring the establishment of an air hub to connect Indian cities with international markets and serve as a sub-regional hub for other markets.

Global Trade Outlook

Expressing optimism about the incoming Trump administration's trade policies, Smith noted FedEx's readiness to navigate potential disruptions. The company is making significant investments in markets like India, Mexico, and Vietnam, which are benefiting from geopolitical tensions between the West and China.

Partnership with Chennai Super Kings

In addition, FedEx announced its principal sponsorship and official logistics partnership with Chennai Super Kings (CSK) in India and Johannesburg Super Kings (JSK) in South Africa. This three-year partnership aims to strengthen FedEx's presence in two major markets: India and South Africa.