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He highlighted that FedEx has already introduced two dedicated flights from India and plans to expand as market demand grows.Viswanath said South India is a strong focus area for FedEx due to its huge volumes of imports and exports, driven by the growing presence of global businesses in sectors like electronics, pharmaceuticals,aviation, and automotive manufacturing, particularly in the Chennai, Bengaluru, and Hyderabad corridors.She also noted the shift in focus among direct-to-consumer (D2C) companies and e-commerce marketplaces toward international exports, a significant growth driver.FedEx also announced its partnership as the principal sponsor and officiallogisticspartner for IPL franchiseChennai Super Kings(CSK) in India and Johannesburg Super Kings (JSK) in South Africa.Oil prices went down on Friday due to concerns about slower demand growth in 2025, particularly in China.
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Meanwhile, slower interest rate cuts could hinder economic growth and reduce oil demand.
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