FedEx Invests ₹2,500 Crore in Fully Automated Air Cargo Hub at Navi Mumbai Airport

Reuters02-24 20:14
FedEx Invests ₹2,500 Crore in Fully Automated Air Cargo Hub at Navi Mumbai Airport

FedEx Corporation has begun construction of a fully automated air cargo hub at Navi Mumbai International Airport, committing a ₹2,500 crore long-term investment. The planned 300,000-square-foot facility, developed with Adani Airport Holdings, will serve as a regional consolidation and redistribution hub and is expected to create more than 6,000 direct and indirect jobs while boosting cargo processing speed and reliability for trade routes linking India with Southeast Asia, the Middle East, Europe and the United States.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FedEx Corporation published the original content used to generate this news brief on February 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment