INDIA & MIDDLE EAST: FedEx strengthens India network
FedEx Express has launched a new flight from Bengaluru establishing direct connections to Europe, the Middle East and the US. Bengaluru becomes the third Indian gateway for FedEx joining Delhi and Mumbai. Ã¢â‚¬Å“India has witnessed exceptional levels of economic expansion, and despite the global economic downturn, the economy reflects strong performance in manufacturing and export-oriented […]
September 1, 2010
Ã¢â‚¬Å“India has witnessed exceptional levels of economic expansion, and despite the global economic downturn, the economy reflects strong performance in manufacturing and export-oriented industries,Ã¢â‚¬Â said Kenneth F. Koval, vice president, Operations, FedEx Express India.
Ã¢â‚¬Å“The launch of the new flight from Bengaluru, coupled with the domestic service expansion, broadens market opportunities for customers doing business locally as well as internationally by leveraging the reach of the FedEx worldwide network.Ã¢â‚¬Â
With Europe and the US comprising 23.8 per cent and 16.5 per cent respectively of IndiaÃ¢â‚¬™s exports between 2008 and 2009, the new flight from Bengaluru opens up substantial possibilities for South Indian companies trading with Europe, the Middle East and the US, FedEx said.
The FedEx service offering includes the shipment of heavyweight express freight, as well as perishables, valuable and dangerous goods.
Ã¢â‚¬Å“Bengaluru and its surrounding cities are a major component of IndiaÃ¢â‚¬™s economic expansion with South India contributing to approximately 20 per cent of IndiaÃ¢â‚¬™s GDP,Ã¢â‚¬Â said Koval. Ã¢â‚¬Å“By launching our flight from Bengaluru, weÃ¢â‚¬™re confident that businesses in South India will gain from greater global access.Ã¢â‚¬Â