INDIA: Fedex Tests Specialised Service On Indian Exporters

Express cargo giant, Federal Express Corporation, has launched a specialised service for Indian garment exporters and said the company may introduce additional aircraft in a bid to further enhance its presence in the country. "The international fashion industry is looking at India as a sourcing base. We anticipate increased growth in business between Indian garment exporters and the international fashion markets over the next few years. That is why we are keen on assisting customers in this segment," Federal Express, managing director, Indian Sub-continent, Jacques Creeten said. "We chose India as the first country in the world to test market the service, as it has a huge textile industry which is also the largest foreign exchange earner," Creeten he added. The new service would be powered by documentation software developed by Bangalore-based BFL Software, which would allow exporters to prepare their customs paperwork electronically, he added.