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DHLs Indian operations closed 2010 with Rs. 823 crore in revenues and a profit of Rs. 31 crore. FedExs income statements for its Indian operations are not readily available (only the balance sheet is), but our estimates (calculated using earnings per share and changes in balance sheet) show that it incurred losses of Rs. 4 crore for 2010.Dhl blue dart accuisationFed ex selling of blue dart Fed ex slow movement

While AFL operates on a licensee model, through its courier and trucking arm, it is present in more than 160 cities in India and has about 50 warehousing facilities. take the case of China, where FedEx is now the market leaderhttp://forbesindia.com/article/big-bet/fedex-tries-to-catch-up-in-india/28192/2