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The Economic Times
The Economic Times
Business

FedEx to invest $150 million in 2.3 lakh sq ft air cargo hub at Delhi airport

FedEx New Delhi India Civil Aviation

Federal Express Corporation (FedEx) plans to invest USD 150 million to develop an air cargo hub spread across 2,30,000 square feet at the Delhi airport.

The groundbreaking ceremony for the facility was held in the national capital on Tuesday in the presence of Civil Aviation Minister K Rammohan Naidu, who said India should be the backbone for air cargo movements.

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