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Economy News, Latest Economic News Today | The HinduBusinessLine

GE, HAL clinch tech deal on joint jet engine plan India rejects USTR allegations, seeks termination of Section 301 probe Indian automobile sales record highest-ever sales in FY26, first time after FY19: SIAM Madhya Pradesh CM says basmati rice from the State is exported to 47 nations 63 Moons’ cybersecurity arm pilots GPS-spoofing solution at Indian airports Highways ministry notifies amendment to streamline fee for overloaded vehicles on NHs Global aviation crisis deepens as fuel shortage, Iran conflict hit airlines TRI launches agri-voltaic project to help farmers earn double income Hotel industry to hit $31 billion in 2029; listed hotel firms set to add 70k rooms by 2030: CBRE Temperatures may trend up over North-West, Central India until weekend Reduction in airport tariff credit neutral, minimal impact on revenue: Ind-Ra Global coffee prices rise as fertiliser costs and West Asia tensions threaten supply Bluspring Enterprises to acquire LSG Sky Chefs India, enters aviation catering sector China says policy to improve relations with India remains unchanged amid Arunachal naming row Research firms divided over impact of below normal monsoon on food inflation Unnat Krishi Mahotsav concludes, farmers to emerge as energy, fuel & hydrogen providers, says Gadkari Airlines may get ₹5,000 crore credit support under proposed ECLGS variant How kashmir’s breakthrough is making Gucchi mushroom farming possible Centre not taking away State’s power on bonus for agri produces, says FM Sitharaman Carriers cut flights on cost pressures, uncertain demand GE Aerospace scales AI from pilots to production; India anchors global capability West Asia crisis may push India’s current account deficit to 2% of GDP: Crisil Tax Dept to resume Tiger Global reassessment, says GAAR relief won’t alter SC ruling Ceasefire talks fail to restore vessel movement in Strait of Hormuz, fate of 599 ships remain inconclusive DMRC launches mid-life refurbishment of Blue Line trains to enhance safety and passenger experience Retail inflation likely rose 3.5-4% in March India-UK free trade pact may come into force from second week of May: Official 'West Asia war a good opportunity for energy reforms, lower costs for industry' India’s marine exports surge to ₹62,408 crore in 2024-25, Govt sets ₹1 lakh crore target PM Modi to inaugurate Dehradun-Delhi Expressway on April 14
IIT-Madras and FedEx conduct drone delivery trails in Ben...
2026-04-20 · via Economy News, Latest Economic News Today | The HinduBusinessLine

Logistics major Federal Express Corporation (FedEx) in collaboration with the Indian Institute of Technology Madras (IIT Madras) has completed India’s first intra–city drone delivery flight trials in Bengaluru.

The trials, conducted as part of the institute’s IIT Madras FedEx SMART Centre, validated an aerial logistics service connecting Electronic City Phase II with a site near Bangalore International Airport Limited. It tested high-speed drone operations in complex urban airspace and assessed their potential to enhance network efficiency.

The trail established that a 53 km road journey, which typically takes over 60 minutes, can be replaced by an aerial route of approximately 39-42 km. During the trials, this reduced one-way transit time to nearly 21 minutes. Operations were conducted at an altitude of 120 metres as per guidelines.

“Innovation is central to how FedEx enables global commerce. This milestone reflects FedEx SMART Centre’s broader research agenda across air cargo optimisation, electric vehicle integration, and advanced demand forecasting. Together, these efforts are focused on shaping future-ready, resilient and sustainable supply chain ecosystems in partnership with academia, industry and policymakers,” Nitin Navneet Tatiwala, Vice President of marketing, customer experience, and air network, Middle East, Indian Subcontinent, and Africa (MEISA), FedEx, said.

“These trials represent a significant leap in our mission to create a sustainable and progressive supply chain model. By integrating advanced aerial robotics into urban logistics, we are moving beyond theoretical research to prove the efficacy of high-impact, future-ready solutions that can redefine the global logistics landscape,” Satyanarayanan R Chakravarthy, core faculty member, FedEx SMART Centre, IIT Madras, said.

Published on April 20, 2026