air cargo

Air cargo industry

Air cargo industry must grow 12.9 percent annually to achieve aviation policy target

India’s cargo industry needs to grow at about 12.9 percent every year to achieve the National Civil Aviation Policy vision of reaching 10 million tonnes (MT) cargo volume by 2027, says a report.

“There is an urgent need to uplift Indian cargo market to achieve the overall vision of the aviation ministry,” observed the joint study by Assocham and consultancy firm Auctus Advisors.

The report suggested implementing a rating system for cargo terminals in-line with ASQ (Airport Service Quality) ratings at passenger terminal to motivate operators to improve infrastructure and provide superior quality of services.

“The Indian cargo industry needs to grow at a rate of about 12.9 percent every year from 2018 to 2027 to achieve National Civil Aviation Policy (NCAP 2016) vision of reaching cargo volumes of 10 million tonnes (MT) by 2027,” it said.

 

Read more; https://www.moneycontrol.com/news/business/air-cargo-industry-must-grow-12-9-percent-annually-to-achieve-aviation-policy-target-report-3067721.html

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