Trending News
Baltic Exchange Market Report (20 December 2024)...
  Daily Exim

NEWS DETAILS

Date: 15/05/2024

Indian air cargo market booming as volumes zoom

India’s air cargo market is proving a lucrative bet for freighter operators and other supply chain stakeholders as volumes rebound after Covid. Shipments in and out of Indian airports were up 7% year on year, to 3.4 m tonnes in the fiscal year 2023-24 that ended in March, according to new data from the Airports Authority of India (AAI). Countrywide volumes hit an all-time high in March, to some 330,000 tonnes, up from 293,000 tonnes in February. Even more significantly, international loads at Indian airports spiked 10% year on year, the e-commerce boom driving the expansion alongside export-import gains from new digital manufacturing verticals. Industry optimism has also been raised by the government embarking on a programme to expand air cargo volumes to 10 m tonnes by 2030, said a report.



Featured News

EXIM INDIA ONLINE SERVICES

APPOINTMENTS

View All

USEFULL LINKS

View All

Introduction

EXIM INDIA is a reputed and all-India recognised premier publishing house. It publishes a daily newspaper.

It publishes a daily newspaper "Exim Newsletter" from Mumbai, Gujarat and New Delhi / NCR / North India, and Exim India - 'Shipping Times' from Kolkata, Chennai, Cochin and Tuticorin for the last 46 years.

Read More

QUICK LINKS

Contact Details

Inquiry

© | Exim India. All rights Reserved.