FedEx Express will enter into a long-term commercial pact with SoftBank-backed Delhivery. While FedEx Express will focus on international export and import services to and from India, Delhivery will, in addition to FedEx, sell FedEx Express international products and services in India and provide pick-up and delivery services across the country. In addition, FedEx will transfer certain assets pertaining to its domestic business in India to Delhivery. FedEx India offers end-to-end logistics solutions in India under the FedEx brand, including express parcel deliveries, full and less-than truck load freight services, and warehousing and supply chain management/third party logistics services. FedEx India caters to B2B, B2C and C2C (Retail) customers and provides wide range of shipping solutions for all business needs.

Source: Mint November 23, 2021 22:34 UTC