FedEx Express, a subsidiary of FedEx Corp., will be expanding service availability of FedEx International Priority Freight, FedEx International Express Freight and FedEx International Priority options for valuables and dangerous goods to more markets in India through its new trucking network.
“Enhanced transit times, additional capacity and the ability to clear customs on location will facilitate faster and easier trade with powerful trading blocs like Europe, and help Indian businesses take advantage of the new trade opportunities in Eastern Europe,” says Robert W. Elliot, president of FedEx Express-Europe, Middle East and Africa. “India’s GDP is growing at rate of 7 percent a year, making it one of the fastest-growing economies in the world. This growth represents huge potential for our customers in terms of market expansion and global trade.”
FedEx employs about 3,500 people in India, and the company has 250 retail outlets and a transportation system connecting 4,348 cities and towns across India to its global distribution network.