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"India is a strategic market for us and we are looking at a double digit growth year-on-year," Federal Ex Services Senior Vice-President for International Marketing Rajesh Subramaniam told PTI on the sidelines of the World Economic Forum's India edition here.
During the last three years, the company has more than tripled the number of frequencies in India and also FED Ex's employee strength has crossed the 3,000 mark, he added.
The global economic slowdown has not affected the company's India's business much, Subramaniam said.
He said the company has recently started a hub facility in Delhi and has teamed up with local partners to expand its India business.
FedEx's global business (business outside US, where it is headquartered) accounts for around 40 per cent of its total annual revenue and India constitutes a major market for the future, he added. He refused to disclose any figures regarding their revenue expectation from India.
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