Federal Express Corporation, the world's leading express delivery company, has said it is evaluating to scale up its Indian network.
FedEx operates an A310 daily flight from Mumbai to Europe and US. The cargo flight operates with a capacity of 75,000 pounds a day.
Without revealing further details, Jacques Creeten, managing director, Indian Subcontinent, FedEx, said, "We are now evaluating our network as we are reaching capacity."
Though it seems that FedEx is evaluating the possibilities of expanding its Indian fleet or perhaps make it a transit point for Asia Pacific to be able to get more flights, Creeten declined to comment further on the nature of expansion.
However, the fact that FedEx is already evaluating its network clearly indicates the volume of business that it is generating out of India.
While one flight operates out of Mumbai every day, carrying shipments to Europe and the US, FedEx also delivers shipments to India in another inbound flight which operates on a daily basis.
The flight leaving Mumbai connects to FedEx's Europe, Middle East and Africa network, which is clearly one of the biggest regional network.
EMEA is one of the largest global regions for FedEx. In this region alone, the company operates 36 aircraft, covering 43 airports directly and employs 8,200 people.
Buoyed by the huge response in India, this $16.4 billion company has announced the launch of three technology initiatives in India, namely, FedEx Global Trade Manager, FedEx Insight and G-Tracker.
These technology initiatives are web-enabled and help customers to get a detailed communication on shipments.
The global trade manager has been launched to enlighten customers on over 1,000 export / import forms covering 40 countries and over 9,500 commodity descriptions to help customers identify which documents should accompany their shipment.
