India, Aug. 19 -- Federal Express Corporation (FedEx), the world's largest express transportation company, andIndian Institute of Technology Madras(IITMadras) have inaugurated the FedEx SMART Centre (Supply Chain Modelling, Algorithms, Research and Technology Centre) in the campus.

A first-of-its-kind innovation hub, it will be dedicated to building sustainable, technology-driven logistics solutions.

Backed by afive-year $5 million grant from FedEx, the Centre will combine cutting-edge research, advanced digital tools, and industry expertise to reimagine supply chains for agility, resilience, and environmental responsibility.

"This Centre is more than just a hub for research. It's a space where technology and talent come together with ...