Increases services from 58 to 331 destinations across the country
FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX), and the world’s largest express transportation company, today announced the expansion of its premium domestic express delivery service across India. The FedEx Priority Overnight and FedEx Standard Overnight services, which launched in October 2009, will now include 331 destinations, up from 58 destinations previously. This extension of FedEx domestic footprint is intended to support the growth of customers’ businesses by providing increased reach to key Indian markets.
The expansion highlights the company’s focused growth plan to facilitate unprecedented trade across India through highly reliable and convenient shipping solutions. The growth builds on the success of FedEx domestic service offerings since its launch in India and is aimed at offering customers a one stop solution for their domestic express needs.
“India’s GDP is expected to grow between 8-9%i in the FY 2010-2011, making it one of the fastest-growing economies in the world. This growth represents enormous potential for businesses in terms of domestic trade and exploring new market opportunities within the country,” said Kenneth F. Koval, Vice President, Operations, FedEx Express India. “Our expansion is designed to facilitate faster and easier domestic trade and enhance our customers’ ability to leverage the country’s growth potential and take advantage of new trade opportunities.”
The FedEx India domestic express service offers customers multi-point package status tracking with Proof of Delivery, competitive transit times, FedEx money-back guarantee# and on-call pick-up facilities. The options available to customers are:
· FedEx Priority Overnight®: An intra-India, door-to-door, next-business-day* express delivery service for all documents and non-commercial consignments up to a weight of 32kgs.
· FedEx Standard Overnight®: An intra-India, door-to-door, next-business-day* express delivery service for all commercial consignments up to a weight of 32kgs.
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The premium domestic express service launch will be further expanded to 58 origin cities by February 2011. The service is currently available from a number of cities including Ahmedabad, Bengaluru, Chennai, Coimbatore, Delhi, Faridabad, Ghaziabad, Gurgaon, Hyderabad, Jaipur, Kolkata, Mumbai, New Delhi, Noida, Pune, Secunderabad, Tirupur, Chinchwad, Pimpri, Thane and Navi Mumbai. .
FedEx customers can call the common toll-free numbers 1800 209 6161/1800 22 6161 or visit fedex.com/in for their domestic and international shipping requirements.
i Source: Economic Intelligence Unit (EIU)
# Subject to relevant terms and conditions.
*Transit and Delivery commitments may vary between 1-3 days depending on pick-up time, origin and destination. For more information, visit fedex.com/in.
About FedEx Express
FedEx Express is the world's largest express transportation company, providing fast and reliable delivery to more than 220 countries and territories worldwide. FedEx Express uses a global air-and-ground network to speed delivery of time-sensitive shipments, by a definite time and date with a money-back guarantee.
About FedEx Corp.
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $37 billion, the company offers integrated business applications through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world's most admired and trusted employers, FedEx inspires its more than 285,000 team members to remain "absolutely, positively" focused on safety, the highest ethical and professional standards and the needs of their customers and communities. For more information, visit news.fedex.com.