India is one of the fastest growing economies of the world. India jumped 19 places and ranked 35 in 2016 as against 54 in 2014 in the latest Logistics Performance Index by World Bank. It is a matter of great importance to India as better performance in logistics not only boosts initiatives like Make in India, by enabling India to become part of the global supply chain but also helps to increase trade.
According to the 2017 Agility Emerging Markets Logistics Index, India climbed to the second position in the 2017 Index, switching spots with UAE. China, the world’s second-largest economy, again topped the rankings.
The Indian air cargo sector is poised to undergo significant growth in the coming years. The international and domestic freight traffic have shown growth of 10.8 percent and 7.0 percent respectively resulting into overall increase of 9.3 percent in total freight traffic during the period (April-January) 2016-17 as compared to (April-January) 2015-16.
To ensure global competitiveness and sustainable growth of Indian air cargo industry, the government of India has created Air Cargo Community System under the National Civil Aviation Policy 2016.
AIR CARGO INDIA is a perfect platform for global air cargo industry stakeholders to explore India as the best emerging market in the world.
Reference Air Cargo India
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