Fedex to expand in India

Paris: Fedex Express, world's largest express transportation company with an annual revenue of 32 billion dollars, plans to expand its network in India in a big way.
In addition, Fedex also wants the EU businesses to move quickly in the fast growing Indian market so that they remain competitive in the global market, Jacques Creeten, Managing Director, Sales and Marketing of the company told reporters here last night.
"We want to have a fair share of the cake in the Indian market," Mumbai-based Creeten said.
"Fedex which operates 17 of their flights to Mumbai and Delhi every week plan to double our business in India in the next 18 months," he said.
"We have more than a fair share of the market in Delhi and now we plan to concentrate on developing the market in South India where the potential is very vast," he said.
07/06/06 Zee News

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