Chennai, Aug. 19 -- The Indian Institute of Technology-Madras (IIT-Madras) and Federal Express Corporation (FedEx), the world's largest express transportation company, launched 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, a release from IIT-Madras said today.

Backed by a five-year USD five 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.

It was inaugurated by Ms Kami Viswanathan, President, Middle East, ...